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Oil Min. supervisory board approves Total-NIOC contract on SP
Publish Date : 2017/08/02 Read MoreTEHRAN, Aug. 01 (MNA) – Iran’s Ministry of Oil announced that Total-NIOC contract to develop offshore section of phase 11 of the giant South Pars gas field was approved at the meeting of the Oil Resources Supreme Supervisory Board. Head of Iranian Parliament’s Planning and Budget Commission Gholamreza Tajgardoon said the contract to develop Phase […]
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Russians to partake in oil-rich areas south Iran
Publish Date : 2017/07/19 Read MoreTEHRAN, Jul. 18 (MNA) – The National Iranian South Oil Company (NISOC) and Russia’s JSC Zarubezhneft have inked an MoU to develop Shadegan and Rag Sefid oil fields. The Memorandum of Understanding (MoU) on study cooperation for development of Shadegan and Rag Sefid oilfields in Khuzestan Province was signed in July 17 by NISOC Managing […]
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PSEEZ best venue for petrochemical investment
Publish Date : 2017/07/12 Read MoreTEHRAN, Jul. 10 (MNA) – Bijan Zanganeh said Iran’s Oil Ministry was eager to make and support investment in Pars Special Economic Energy Zone (PSEEZ). Addressing a session on investigating venues for development of PSEEZ located in Hormozgan Province in the south of Iran, petroleum minister of Iran said his Ministry would back investment in […]
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POGC’s 3rd refinery yields 24.5mn gas condensate barrels
Publish Date : 2017/07/03 Read MoreTEHRAN, Jun. 26 (MNA) – The third refinery of south Pars Oil and Gas Company (POGC) produced 24,500,000 barrels of gas condensates in the previous Iranian year (ended March 20). Head of the Management Department at the POGC Refinery Mohammad Shafi-Moazeni said the third refinery possessed the most complicated processes offering a wide variety of […]
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Italy to conduct development studies in 2 Iranian fields
Publish Date : 2017/06/21 Read MoreTEHRAN, Jun. 20 (MNA) – As per an MoU, development studies of Kish gas field and Phase 3 of Darkhoin oilfield were handed over to Italy’s Eni oil industry company. The MoU-signing ceremony between National Iranian Oil Company (NIOC) and Eni S.p.A of Italy was attended by NIOC Managing Director Ali Kardor. The cooperation agreement […]
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Kharg terminal dispatches 240mn crude barrels
Publish Date : 2017/06/18 Read MoreTEHRAN, Jun. 14 (MNA) – In the previous Iranian year (ended March 20), a total of 240 million barrels of Iranian light crude were deployed to global markets through Kharg oil terminal. Managing Director of Iran Oil Terminals Company (IOTC) Seyed Pirouz Mousavi made the announcement noting that the figure indicates an 87% rise as […]