Tag Archives: National Iranian Oil Co. (NIOC)

The National Iranian Oil Company was ranked by far the best company in the world in terms of oil and gas exploration operations in 2019, a senior NIOC official announced. “The NIOC’s petroleum discoveries in 2019, including oil and gas, had amounted to the equivalent of nearly 5 billion barrels …

National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil giants in the world. Managing director of National Iranian Oil Company for explorations affairs Saleh Hendi said that based on ‘Wood Mackenzie’ reports with regard to exploration of hydrocarbon resources …

Iran has announced the launch of the first phase of a new oil export terminal in the Direstan region. The project, which was officially launched by the Iranian President Hassan Rouhani, is expected to increase the export capacity of the country. The first phase of the Qeshm oil terminal with …

According to the National Iranian Oil Company (NIOC), the announcement of the headquarters of the International Exhibition of Iranian Oil states: “The event will be held from 12 to 15 October, 2020.

An Iranian contractor started laying pipes for a long underwater gas transfer project connecting the Kish Island in the Persian Gulf to the country’s national gas network. The pipeline will link a gas supply terminal in Bandar Aftab, also known as Gerzeh, in the Southern Hormozgan province, to a gas-fired …

Iran’s Petropars Ltd. signed a contract to more than double output at the South Azadegan oil field, the second deal this month to boost production at a deposit shared with Iraq. Petropars agreed to raise the field’s output to 320,000 barrels a day over 30 months from 140,000 currently. The …

Completion of the South Pars Offshore Section as well as 17 phases of the massive gas field by the end of President Rouhani’s second term in office to 2021.

The Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts – the Iran Petroleum Contract (IPC).

Everything initiated when a national demand was brought up in parliament. Some 15 years had passed since the 1933 agreement.

Iran’s petroleum industry went through a tough and breathtaking period in the calendar year 1398 (ended March 19) as the United States tightened its sanctions on this sector.