tag Iran Oil Company

Ahvaz Gas Turbine Restoration Boosts Oil Supply by 750K bpd

EghtesadOnline: Experts of the National Iranian Oil Company have restored a dilapidated gas-powered turbine in Ahvaz pumping station, Khuzestan Province, which has boosted the transfer of crude oil to refineries and export terminals, NISOC's deputy for production said on Saturday.
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Publish Date:12/August/2018 | 06:59

Domestic Companies to Collect APG From Karoun Oilfields

EghtesadOnline: The National Iranian Oil Company is expected to sign two contracts, worth $1.2 billion, with domestic companies to collect associated petroleum gases from oilfields in the eastern Karoun region, Khuzestan Province, an official at NIOC said.
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Publish Date:04/August/2018 | 13:20

NIOC Plans to Increase Oilfield Capacity

EghtesadOnline: National Iranian Oil Company plans to increase the production capacity of its oilfields by 400,000 barrels per day.
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Publish Date:23/June/2018 | 10:35

NIOC Raises July Crude Prices

EghtesadOnline: State-owned National Iranian Oil Company raised the official selling price differentials for all its crude oil grades loading in July from Kharg Island and bound for Asia from the previous month, a company source said on Monday.
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Publish Date:20/June/2018 | 14:13

4% of Oil Projects' Value for Underdeveloped Regions

EghtesadOnline: The National Iranian Oil Company has allocated 4% of the oil projects' value, including extraction and production, on implementing development plans in oil-rich regions, NIOC's managing director said.
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Publish Date:20/June/2018 | 14:10

Gov’t to Receive 4m Tons of Free Bitumen

EghtesadOnline: The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a parliamentarian said.
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Publish Date:12/June/2018 | 05:50

NIOC to Utilize APG Instead of Flaring It

EghtesadOnline: The National Iranian Oil Company has reached an agreement with two unnamed domestic firms on preserving and transferring associated petroleum gases to curb air pollution and prevent wastage, a senior oil official said.
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Publish Date:17/February/2018 | 14:16

NITC Says Trying to Avoid Sanchi Row With China

EghtesadOnline: The National Iranian Oil Company is awaiting further investigation into the disastrous fate of its oil tanker Sanchi, as it aims to eschew a diplomatic showdown with China over one of the worst maritime incidents in recent history, the NITC chief said on Wednesday.
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Publish Date:03/February/2018 | 11:59

Competence Key to Vetting Local Oil, Gas Contractors

EghtesadOnline: Iran's state oil company is lining up a spate of subcontracts for local firms as part of large-scale oil and gas development projects and aims to ensure that incompetent firms will be struck out from the list of contenders, according to an official at the National Iranian Oil Company.
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Publish Date:15/January/2018 | 06:19

Kish Field Talks Underway

EghtesadOnline: Domestic and foreign companies are in talks with the state-owned National Iranian Oil Company on the development rights of Kish Gas Field, the Persian Gulf’s second largest gas field after South Pars.
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Publish Date:28/October/2017 | 14:09

NIOC Cuts Sept. Asia-Bound Crude OSPs

EghtesadOnline: State-owned National Iranian Oil Company has cut the official selling price differential for all its crude oil grades loading in September from Kharg Island and bound for Asia, a company source said on Friday.
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Publish Date:11/August/2018 | 11:05

1st Pars Oil Cargo Exported

EghtesadOnline: National Iranian Oil Company shipped its first batch of crude cargo from West Karoun Oil Block in the southern Khuzestan Province to an unnamed European buyer.
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Publish Date:24/June/2018 | 08:58

South Pars Phase 11 Plans on Track

EghtesadOnline: Operations to develop South Pars Gas Field's Phase 11 in the Persian Gulf are moving forward despite Total abandoning the venture, the deputy for development and engineering at the National Iranian Oil Company said.
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Publish Date:20/June/2018 | 14:28