NIOC

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NIOC announces Iranian crude oil OSP for March

National Iranian Oil Company ( NIOC ) has set official selling prices (OSP) for Iranian crude oil in March, so that Iran’s light crude oil will be priced $4.35 above the benchmark price (Oman/Dubai crude) for Asian customers.
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Publish Date:03/March/2025 | 20:50

SP pressure boost project contracts worth $17b to be signed

Engineering and Development Manager of the National Iranian Oil Company ( NIOC ) has said that seven executive contracts for the South Pars (SP) pressure boost project, valued at $17 billion, are ready to be signed soon.
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Publish Date:03/February/2025 | 00:46

Iran's oil output up by 60,000 bpd: NIOC chief

The CEO of the National Iranian Oil Company ( NIOC ) has said that the country's daily oil production volume has increased by 60,000 barrels.
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Publish Date:21/November/2024 | 15:06

NIOC Inks MoUs Worth $8 bln to Develop Joint Oil, Gas Fields

The National Iranian Oil Company ( NIOC ) signed memoranda of understanding (MoUs), valued at $8 billion, with a number of Iranian production and exploration companies with the aim of developing joint oil and gas fields in the country.
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Publish Date:11/May/2024 | 10:56

NIOC to Clinch Major Contracts to Increase Oil, Gas Output

EghtesadOnline: The chief executive of the National Iranian Oil Company ( NIOC ) said that his company plans to ink important contracts in the near future to increase the oil and gas production volume.
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Publish Date:19/January/2024 | 16:35

Iran’s crude output grows by 60% in two years: NIOC chief

The chief executive of the National Iranian Oil Company ( NIOC ) said that the country’s production of crude oil in the administration of President Ebrahim Raeisi registered a 60 percent hike.
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Publish Date:19/December/2023 | 18:13

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 Needs to Maintain Current Output, Exports

EghtesadOnline: Despite the US-Saudi Arabia ploy to coerce OPEC members' to raise output, the National Iranian Oil Company should strongly hold its position to maintain oil production and exports at the current levels.
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Publish Date:20/June/2018 | 14:29

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

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

NIOC Adds 1 More Name to Conduct Susangerd Oilfield Studies

EghtesadOnline: Pars Petro Zagros Engineering and Services Company has signed a memorandum of understanding with the National Iranian Oil Company to conduct studies on an onshore oilfield in Khuzestan Province.
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Publish Date:10/February/2018 | 10:11

NIOC Assessing Pergas, MAPNA Proposals

EghtesadOnline: National Iranian Oil Company’s Department of Reservoir Management is assessing development proposals submitted for Karanj Oilfield, a reservoir in Khuzestan Province, by Pergas Consortium, a group of international oil and gas companies, and MAPNA Group, an energy and engineering conglomerate.
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Publish Date:31/January/2018 | 07:54

NIOC Expects Mansouri Deal by Early March

EghtesadOnline: Plans are underway to finalize a contract to develop Mansouri Oilfield, a reservoir of 3.3 billion barrels of crude south of Iran, by early March, the chief executive officer of National Iranian Oil Company said.
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Publish Date:30/January/2018 | 15:31

NIOC , PEDCO Sign Oilfield Study MoU

EghtesadOnline: Petroiran Development Company has signed a memorandum of understanding with the National Iranian Oil Company to conduct surveys on two onshore oilfields in Ilam and Khuzestan provinces.
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Publish Date:21/January/2018 | 13:26