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NIOC in Talks With Vitol

EghtesadOnline: Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of the promised return in November of crippling US sanctions, media reported.
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Publish Date:02/September/2018 | 08:16

NIOC Crude Exports Plunge 700,000 bpd Since August

EghtesadOnline: The National Iranian Oil Company's exports have plummeted sharply since the beginning of August, as traditional customers like China, Japan and India have curtailed their purchases in view of the reimposition of US sanctions in November, a senior energy analyst said.
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Publish Date:02/September/2018 | 08:05

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

Gazprom signs deal to make Iran LNG player

EghtesadOnline: Russia’s Gazprom says it has signed a basic agreement with the National Iranian Oil Company ( NIOC ) that envisages cooperation over the production of liquefied natural gas (LNG).
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Publish Date:13/November/2017 | 15:33

NIOC Hoping to Finalize 4 Oilfield Deals by March

EghtesadOnline: The National Iranian Oil Company hopes to finalize deals for four joint oilfields by the end of the present fiscal year in March, according to an NIOC official.
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Publish Date:25/October/2017 | 15:14

NIOC Heats Up Two-Horse Race for Farzad-B Gas Field

EghtesadOnline: Russian and Indian companies are in talks over a contract to develop Iran's Farzad-B Gas Field, but other oil and gas explorers are welcome to join the race for the coveted natural gas deposit in the Persian Gulf, the head of Iran's state-owned oil company, NIOC , said.
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Publish Date:27/August/2017 | 06:44

Iran seals 33 oil MoUs in post-sanction era

EghtesadOnline: National Iranian Oil Company ( NIOC ) has so far signed 33 oil MoUs with 28 domestic and foreign firms since the implementation of Iran deal also known as the Joint Comprehensive Plan of Action (JCPOA).
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Publish Date:23/July/2017 | 24:29

Eni says not competing with Total in Iran

EghtesadOnline: Italy’s Eni is keeping its foot on the ground in Iran after major rival Total’s signing of a $5 billion gas deal with the National Iranian Oil Company ( NIOC ) earlier this month.
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Publish Date:23/July/2017 | 24:09

NIOC Denies Concessions in New Petroleum Deals

EghtesadOnline: Iran has made no major concession to French energy giant Total S.A. for developing Phase 11 of the giant South Pars Gas Field in the Persian Gulf, the deputy head of National Iranian Oil Company said.
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Publish Date:17/July/2017 | 08:33

Eni, NIOC Ink Deal on Studying Iran Oil, Gas Fields

EghtesadOnline: Italian energy giant, Eni and National Iranian Oil Company Tuesday signed a Memorandum of Understanding for studying Kish gas field and 3rd phase of Darquain oil field, as part of the country's effort to racket its production after the removal of sanctions.
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Publish Date:20/June/2017 | 09:33

Iran names Russian firms to major project

EghtesadOnline: The National Iranian Oil Company ( NIOC ) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic Republic.
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Publish Date:17/June/2017 | 11:09

NIOC Looking to Seal Major Oil Deals

EghtesadOnline: Iran is well-positioned to sign major oil contracts by the end of the present fiscal in March, said Ali Kardor, chief executive officer of the National Iranian Oil Company.
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Publish Date:13/June/2017 | 09:34

Iran discovers new gas field in Persian Gulf

EghtesadOnline: Iran says it has discovered a new gas field close to the giant South Pars natural gas field which it jointly shares with Qatar.
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Publish Date:24/May/2017 | 11:09

Spain's Tubacex Group, NIOC to Reportedly Sign Pipeline Contract

EghtesadOnline: With the aim to produce quality machinery and equipment for the oil and gas industry, the National Iranian Oil Company is to sign an agreement with a Spanish consortium to manufacture special pipelines using corrosion resistant alloys (CRAs).
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Publish Date:24/May/2017 | 08:49

OMV Wrapping Up Talks on NIOC Settlement

EghtesadOnline: The chief executive of Austrian energy group OMV, Rainer Seele, said on Thursday that talks with Iran's national oil company NIOC on settling outstanding claims which have hindered OMV from investing more in the country are almost finished.
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Publish Date:13/May/2017 | 09:50

Prospects Pale for Iran-India Gas Field Deal

EghtesadOnline: The National Iranian Oil Company is taking steps to tender the Farzad-B Gas Field, Ali Kardor, chief executive officer of the National Iranian Oil Company said, dashing hopes for an agreement with Indians who have been pushing for the drilling rights of the coveted field in the Persian Gulf.
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Publish Date:22/April/2017 | 06:11

Oil Majors Submit Development Plans for Iranian Oil Projects

EghtesadOnline: Six international oil giants have completed their surveys and submitted plans to the National Iranian Oil Company for developing oil and gas reservoirs, chief executive officer of the NIOC said on Tuesday.
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Publish Date:19/April/2017 | 07:24

NIOC Invests $65m in Oil Region Infrastructure

EghtesadOnline: Almost $65 million (2.5 trillion rials) has been invested in infrastructure projects in the southern oil and gas regions, Ali Kardor, the chief executive officer of National Iranian Oil Company said.
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Publish Date:18/April/2017 | 10:06