The coordination of (ECO) members can lead to an increase of carrying cargo through active corridors in the region.
Read More »SOCAR Signs Deal for Building Bitumen Plant at Baku Refinery
The plant is expected to be commissioned in the second half of 2018.
Read More »IOOC Improves Contractual Transparency. Cuts Costs
Transparency in contracts with domestic companies operating in the oil and gas industry cut the cost of domestic petroleum projects by 20% in fiscal 2017-2018 compared to the previous year. an official at the Iranian Offshore Oil Company (IOOC) said. Openness and transparency in tenders for domestic projects in the …
Read More »Iranian Navy Dispatches 46th Fleet to High Seas
The Iranian Navy has been conducting anti-piracy patrols in the Gulf of Aden since November 2008.
Read More »NIDC. Scottish Company Sign Training Agreement
ADS is to bring Iran'.s petroleum sector up to speed with advanced well control and drilling techniques.
Read More »Iran Eyes Closer Naval Coop. With Russia
We are proud that we managed to turn threats into opportunities during the sanctions period.
Read More »Hyundai Engineering in $3.2 Billion Iran Deal
The complex is expected to become operational in four years.
Read More »NITC Vessel to Berth in Indonesia
The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.
Read More »China Agrees to Invest $3.6bln in Development of Iran`s Oil Refinery
Iran and China will soon sign their largest deal in petroleum refinery industry worth three billion dollar.
Read More »Talks with European. Asian Firms to Upgrade Refineries
Iran wants not only to upgrade its dilapidated refineries but also build new ones.
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