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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

NIOC's South Pars Gas Deal With Total Finalized

EghtesadOnline: The National Iranian Oil Company and French energy giant Total S.A. are poised to finalize a major gas deal in the next few days, defying US President Donald Trump's antics against Tehran which have caused uncertainty among multinationals over economic ties with the oil-rich country.
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Publish Date: 16/April/2017 | 06:34

Philippine's State Oil Co. Eying Iran LNG Project

EghtesadOnline: The Philippines' state oil company, PNOC, as part of a group of international oil and gas companies known as Pergas Consortium, is planning to build a liquefied natural gas plant in Iran in collaboration with the National Iranian Oil Company, director for Iran operations at Pergas said on Tuesday.
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Publish Date: 08/March/2017 | 06:32

Iran's National Oil Co. Studying Oilfield Development Proposals

EghtesadOnline: The National Iranian Oil Company is studying proposals from foreign oil companies to develop the country's rich hydrocarbon reservoirs, said the deputy for development and engineering at the NIOC.
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Publish Date: 04/March/2017 | 05:55

Giant Leap in Iran's Gas Condensate Exports

EghtesadOnline: The National Iranian Oil Company exported 24 million barrels of gas condensates in January to Asian and European buyers -- the outbound volume being over and above the average figures seen during the past several months.
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Publish Date: 26/February/2017 | 13:06

Iran to catch up Qatar in South Pars soon

EghtesadOnline: Iran will have launched several major phases of the huge South Pars gas field project in the Persian Gulf by the end of the current Iranian calendar year (March 20, 2017).
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Publish Date: 26/February/2017 | 11:53

Tehran Bemoans Shortcomings in Boosting Recovery Rates

EghtesadOnline: The pace of drilling operations in Iran is half of that of international firms with access to cutting-edge technology, the National Iranian Oil Company said on Saturday.
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Publish Date: 20/February/2017 | 05:52

Iran discovers 12 new oil fields

EghtesadOnline: Iran has discovered about a dozen new oil fields with in-place reserves of 30 billion barrels, head of exploration at National Iranian Oil Company (NIOC) says.
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Publish Date: 14/February/2017 | 08:56

Oil Company Expanding Shipments to Europe

EghtesadOnline: Tehran has set its sights on raising crude oil export to Europe in 2017 as the number of customers willing to buy from Iran is on the rise, head of the National Iranian Oil Company said.
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Publish Date: 12/February/2017 | 06:04

Iran Envisages Bigger Domestic Role in IPC Projects

EghtesadOnline: The National Iranian Oil Company is compiling a list of domestic companies that can operate as part of future oil and gas development projects, Ali Kardor, the NIOC chief, said at the weekend.
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Publish Date: 06/February/2017 | 06:44

NIOC, Pasargad Energy Co. Sign Oilfield Study Agreement

EghtesadOnline: Pasargad Energy Development Company (PEDC) has signed a memorandum of understanding and a non-disclosure agreement with the National Iranian Oil Company to study three oilfields in the southern regions. It was the second oilfield agreement signed with Pasargad in less than a week.
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Publish Date: 04/February/2017 | 10:05