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 …
Read More »25th Iran Oil Show to be Held in October
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.
Read More »Iran Kicks Off Pipe-Laying for Longest Subsea Gas Project
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 …
Read More »Iran’s Petropars to Double Capacity of Oil Field Shared with Iraq
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 …
Read More »Offshore Section of South Pars Development Complete by 2021
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.
Read More »Doroud, Arvand Oil Fields Up for Investment
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).
Read More »Oil for Our Nation
Everything initiated when a national demand was brought up in parliament. Some 15 years had passed since the 1933 agreement.
Read More »NIOC 1398 Review
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.
Read More »Fate of Almost All Iran Joint Fields Determined
The Director of Integrated Planning at the National Iranian Oil Company said the fate of all Iranian oil and gas joint fields had been determined except for one small field.
Read More »NIDC Builds Acidifacation Batch Mixer
The National Iranian Drilling Company has manufactured an acidification batch mixer by relying on local experts.
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