Tag Archives: National Iranian Oil Co. (NIOC)

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 …

Iran and Gazprom have created a roadmap on fields, there are several working groups, Iranian Deputy Petroleum Minister Ahmad Asadzadeh said. “Another area is the development of fields in Iran. This is one of the topics in the agreement. We have created a roadmap with Gazprom, we have several working …

The Iranian Oil Minister said that Iran’s crude oil exports are being carried out without any problems to the target markets. Javad Owji stated that the sale and export of crude oil are ongoing without any interruption, adding that currently, the export of oil is going on without any problems. …

National Iranian Oil Company (NIOC) is planning to boost the country’s oil production to 4.038 million barrels per day (bpd) in the current Iranian calendar year (ends on March 20, 2023), Shana reported on Monday, quoting an official with the company as saying. According to Hormoz Qalavand, NIOC’s director of …

The CEO of the National Iranian Oil Company has said the signing of strategic cooperation agreement between Iran and Russia is the biggest investment deal in the history of Iranian oil industry. Speaking at a ceremony where the agreement between the NIOC and Russia’s Gazprom Company was signed, Mohsen Khojastehmehr …