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Focus on Raising Production From Five South Pars Phases

EghtesadOnline: South Pars Gas Field's development phases 17-21 will add more than 150 million cubic meters per day of gas from the giant offshore field when fully operative, said the CEO of National Iranian Oil Company, Ali Kardor .
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Publish Date:03/June/2017 | 08:46

National Iranian Oil Company Says Finalizing Deal With OMV

EghtesadOnline: The National Iranian Oil Company is in the final phase of talks with OMV to sign a contract to sell 40,000 barrels of oil per day to the Austrian oil and gas company, the NIOC chief said.
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Publish Date:08/May/2017 | 11:23

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

Iran, Total to sign final agreement in upcoming days

EghtesadOnline: Final agreement will be signed between Iran oil ministry and Total Oil and Gas Company to develop phase 11 of the South Pars gas field in upcoming days, the chief executive of National Iranian Oil Company, Ali Kardor announced.
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Publish Date:15/April/2017 | 13:12

Iran Targets Milestone in Oil, Gas Production

EghtesadOnline: Crude oil production will reach more than 4 million barrels per day and natural gas output is slated to exceed 1 billion cubic meters a day in the present fiscal that ends in March 2018.
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Publish Date:15/April/2017 | 05:46

Technology, Investments Crucial to Oil Sector

EghtesadOnline: The National Iranian Oil Company can maintain its current production level of 3.9 million barrels per day for a maximum period two years. However, the 5.2 bpd production level envisaged in the sixth economic development plan (2017-22) will "not be possible without new investments."
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Publish Date:15/March/2017 | 13:39

Iran Insists on Tendering Oil, Gas Development Projects

EghtesadOnline: Iran is determined to develop its oil and gas fields through tenders for international companies, a top oil official said, as the country strives to hold the first such tender since sanctions were lifted in the January of last year.
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Publish Date:28/February/2017 | 16:51

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

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

Iran’s oil production to pass 4 million barrels

EghtesadOnline: “Exporting of crude oil and gas condensations reaches to 3 million barrels per day,”reported Iran national Oil Company’s CEO, pointing to the rise of daily oil production to 4 million barrels.
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Publish Date:05/February/2017 | 05:45