NISOC
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Iran's NISOC Signs Contracts to Cut Flaring
EghtesadOnline: The National Iranian South Oil Company seeks to further reduce flaring and burning of associated petroleum gases from oil and gas sites in the southern and southwestern regions…
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NISOC Signs 2 Deals to Manage APG in Khuzestan
EghtesadOnline: The National Iranian South Oil Company has signed contracts with Maroun Petrochemical Company in Mahshahr and Persian Gulf Petrochemical Industries Company (PGPIC) to capture…
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NISOC Signs APG Contracts
EghtesadOnline: The National Iranian South Oil Company, a subsidiary of state-owned National Iranian Oil Company, signed two contracts, worth $1.2 billion, on Tuesday with two domestic companies…
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NISOC Renovates Three Oil Pumping Stations in Khuzestan
EghtesadOnline: The National Iranian South Oil Company has renovated three of its oil pumping stations to boost the transfer of crude to refineries and export terminals, the state-owned company’s…
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NISOC in Close Cooperation With Domestic Academic Centers
EghtesadOnline: National Iranian South Oil Company can implement complicated technological projects in cooperation with domestic academic centers namely the Academic Center for Education, Culture…
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NISOC to Finalize 2 Oil Deals by March
EghtesadOnline: Negotiations to develop two oilfields in the southern Khuzestan Province, namely Shadegan and Karanj, will be finalized by the end of the current fiscal that ends in March 2018,…
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NISOC to Develop 27 Oil Reservoirs
EghtesadOnline: The National Iranian South Oil Company has devised plans to expand 27 hydrocarbon reservoirs in the oil-rich Khuzestan Province by raising $4.3 billion in finances, the planning…
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NISOC Set to Finalize First IPC-Based Deal by March
EghtesadOnline: The National Iranian South Oil Company is appraising the proposals of foreign and domestic oil firms for developing four oilfields in the southern oil-rich province of Khuzestan,…
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NISOC Targeting 20% Rise in Recovery Rate
EghtesadOnline: National Iranian South Oil Company aims to increase the recovery rate of its oilfields by as much as 20%, the company's chief executive officer says.
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Half-century-old oil reservoir offered for int'l investment
EghtesadOnline: National Iranian South Oil Company (NISOC) has newly offered an oil field for international investment under Iran Petroleum Contracts (IPC) model, a monthly affiliated to Iran's…
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NISOC to Increase Recovery Factor in Khuzestan Oilfields
EghtesadOnline: In line with efforts to boost production from hydrocarbon reserves in Khuzestan Province, plans are in place to raise recovery factor from the oilfields in the region by a maximum…
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NISOC Plans First Int’l Tender by March
EghtesadOnline: The National Iranian South Oil Company may hold a tender for one or several oilfields in the fourth quarter of this year or the first three months of 2018 using its customized…
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Iran, Russia sign MoU on oilfield study
EghtesadOnline: National Iranian South Oil Company (NISOC) and Russian Zarubezhneft signed a Memorandum of Understanding on Monday.
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NISOC Indigenizes Advanced Pumps
EghtesadOnline: Pumps used in the oil and gas industry that are intricate in terms of design and manufacturing have been indigenized by the National Iranian South Oil Company (NISOC), Chief Executive…
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Domestic Companies Supply 80% of Petroleum Equipment
EghtesadOnline: Domestic companies manufacture 80% of equipment needed by the oil and gas industry, the managing director of the National Iranian South Oil Company (NISOC) said.
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NISOC Gears Up for Higher Crude Output
EghtesadOnline: In line with plans to increase oil exports, the National Iranian South Oil Company says it is willing to increase oil output to more than 3 million barrels per day, managing director…
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NISOC, Tatneft Sign Oilfield Study Agreement
EghtesadOnline: Russia's Tatneft signed a preliminary agreement with the National Iranian South Oil Company (NISOC) on Monday to study Shadegan Oilfield in southern Khuzestan Province.
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Schlumberger to Submit Development Proposal for 3 Iranian Oilfields
EghtesadOnline: Schlumberger Ltd, the world's leading oilfield services provider, will submit next month a comprehensive proposal to develop three oilfields in southern Khuzestan Province to…
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PGNiG in Talks to Invest in Iran's Upstream Sector
EghtesadOnline: In line with plans to develop Iran’s oil and gas fields, high-ranking officials of Poland’s state-run gas company PGNiG are expected to meet the National Iranian South Oil Company…
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Iran, Argentina's Pluspetrol in Talks Over Oilfield Development
EghtesadOnline: National Iranian South Oil Company (NISOC) is in talks with Argentinean company Pluspetrol, a leading private exploration and production enterprise in Latin America, to develop…
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NISOC says negotiations underway with foreign companies for cooperation
EghtesadOnline: Negotiations are underway between National South Oil Company and foreign oil executives including BP, Argentine oil company, Chinese Sinopec and CNPC of China for cooperation,…
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NISOC, Schlumberger sign MoU
EghtesadOnline: National Iranian South Oilfields Company (NISOC) and Schlumberger inked a confidentiality agreement (CA) on studying and preparing plan for Rag Sefid, Parsi and Shadegan oil fields…
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Pergas-NISOC NDA contract another example of foreign investment
EghtesadOnline: Managing Director of Pergas Consortium Colin Rolwley said on Wednesday that conclusion of an oil deal with National Iranian South Oil Company (NISOC) is another example of foreign…
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NISOC, Pergas Consortium sign oil MoU
EghtesadOnline: National Iranian South Oilfields Company (NISOC) and International Pergas Consortium signed oil MoU and confidentiality agreement (CA) on Wednesday in Ahvaz city.
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NISOC salty oil refining capacity doubles
EghtesadOnline: Managing Director of National Iranian South Oil Company (NISOC) Bijan Alipour says the desalination unit of Rag-Sefid 1 has put into operation and the salty oil refining capacity…
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Iran raises crude output to 1 mln barrels
EghtesadOnline: Director of the National Iranian South Oil Company (NISOC) Ali-Reza Dabiri said that the country’s plan for raising crude output to 1 million barrels came true.