The Poles will study the field’s geological structure and its reserves in six months. and provide NIOC with the results.
Read More »Iran`s Daily Oil Production Near 4mn Barrels
The country was already on the way to make a stronger oil market recovery.
Read More »Iran`s Crude Sales to Europe Raising
Iran has ramped up oil exports to European customers to 710.000 barrels per day
Read More »Iran. Argentina`s Company in Talks to Develop Oilfields
Iran'.s untapped hydrocarbon market is lucrative enough to appeal to lots of international companies.
Read More »Japan’s Inpex Praised for Iran`s Azadegan Oil Project
There is no conflict between Iran and Japan over Azadegan.
Read More »Tehran to Hold 1st IPC Tender in January
The new IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »Vitol Clinches $1b Pre-Finance Oil Deal with Iran
The Vitol Iranian deal was signed in October and will come into effect this month. one of the sources who is based in Tehran said.
Read More »BP Not Applied for Iran Upstream Tenders
BP is taking a more cautious approach ahead of a Donald Trump presidency which threatens renewed diplomatic tensions with Tehran.
Read More »Iran Issues List of 29 Companies Approved to Bid in Oil. Gas Tenders
BP had opted out of the bidding because of concerns over possible renewed US-Iran tensions after president-elect Donald Trump takes office on Jan. 20.
Read More »Iran Approves Law to Decrease Gas Flaring
Around 17 billion cubic meters of gas is burned off in Iran annually which translates into a $4-6 billion loss for the treasury.
Read More »