Tag Archives: National Iranian Oil Co. (NIOC)

Islamabad is contemplating to kick-off construction work on 80 kilometre portion of Iran-Pakistan gas pipeline project — from Iranian border to Gwa¬dar — to escape a potential penalty of $18 billion, in case Tehran decided to move to the Paris-based International Arbi¬tration for non-execution of the project. It has also …

On Saturday, Iran decided to add 60 new wells to boost production capacity in the South Azadegan oil field, Iran’s largest field, shared with its neighbor Iraq. The head of the National Iranian Oil Company (NIOC), Mohsen Khojasteh-Mehr, announced the news, adding that the southern Azadegan field’s production capacity has …

The National Iranian Oil Company (NIOC) is targeting an investment of $250 billion in its upstream, midstream and downstream oil sectors, especially in liquefied natural gas (LNG) industry, over the next eight years. Oil Minister Javad Owji made the statement on the sidelines of the Eighth OPEC International Seminar that …

The managing director of National Iranian Oil Company (NIOC) emphasized the efforts of this company to realize the slogan of this Iranian calendar year (began on March 21) and said during the activity of the Ministry of Oil in the 13th government, increasing production in the oil and gas sector …

South Azadegan oilfield is located 80 kilometers west of Ahvaz (the capital city of Iran’s southwestern Khuzestan province), near the Iraqi border. The oil reserves in this field are estimated to be around 25.34 billion barrels, and the recoverable oil is estimated to be around 1.7 billion barrels, taking into …

National Iranian Oil Company (NIOC) produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, said a NIOC official. The director of production supervision of National Iranian Oil Company (NIOC) said that currently, NIOC produces 1 billion and 40 million cubic meters …

Referring to the measures taken in South Pars Gas Field and other fields to increase natural gas output rate, CEO of National Iranian Oil Company said that South Pars Phase 11 will be put into operation stage after two decades. Mohsen Khojasteh-Mehr CEO of NIOC and Deputy Oil Minister made …

The National Iranian Oil Company (NIOC) has launched 10 oil and gas projects with a total value of €30 million. “The projects will effectively contribute to job creation and technology development in the country,” NIOC official Mahdia Motahari said, Shana reported. He went on to say that a list of …

Iran has been ramping up its natural gas production with the aim of increasing exports to global markets as the demand in Europe for natural gas is surging ahead of winter, an Oilprice.com report stated. “Iran last week made it clear that it is ramping up its gas production operations …

Head of Iranian Petroleum Industries Equipment Manufacturers Association (known as SIPIEM) has said over 17 percent of the country’s knowledge-based companies are active in the oil, gas, and petrochemical sectors, Shana reported. Speaking at a conference on the promotion of knowledge-based companies dubbed “Development of relations with knowledge-based and technological …