POGC Begins Drilling 35 New Wells in South Pars
Pars Oil and Gas Company (POGC) has begun a project to drill 35 new wells in the South Pars gas field to increase and maintain gas production from the combined giant field. According to POGC, the operation was officially launched on Tuesday at a ceremony attended by the head of …
Iran to Sign Oil Contracts Worth $2 Billion
National Iranian Oil Company (NIOC) CEO Mohsen Hojasteh Mehr said Iran plans to sign oil development contracts worth more than $2 billion. Agreements will be signed for the development of the Changule and Band-e-Karhe fields, as well as for the purchase of crude oil refining services. Under the current government, …
Foreign Investors Win Tender to Develop Seven Oil Fields in Iran
Foreign investors won the tender to develop seven oil fields in Iran. This was reported by the Iranian publication IFP News. The head of the National Iranian Oil Company (NIOC), M. H. Mehr, noted that Iran is actively promoting foreign investment in the oil sector. The head of NIOC also …
The Gazprom Delegation Visited Iran on a Working Visit
The delegation of PJSC Gazprom, led by Chairman of the Management Committee Alexey Miller, is on a working visit to the Islamic Republic of Iran. First Vice President of Iran Mohammad Mokhber met with Alexey Miller. During the meeting, a wide range of issues of cooperation in the energy sector …
NIOC To Close $14 Billion Worth Of Deals To Develop Iran’s Oil And Gas Fields By End Of March
The head of the National Iranian Oil Company (NIOC) said the company is set to award contracts worth $14 billion to local companies to develop the country’s oil and gas fields by the end of the current Iranian calendar year (March 19). Speaking in a television interview, Mohsen Khojasteh-Mehr said …
Oil Production in Iran Has Increased By 60% in Two Years
The chief executive of the National Iranian Oil Company (NIOC) said the country’s crude oil production has increased by 60 percent under President Ibrahim Raisi’s administration. Mohsen Khojastemehr said that according to statistics from the Central Bank of Iran (CBI), the oil and gas sector has the lion’s share in …
Iran Acquires Shale Oil Production Technology
The shale oil pilot project in Iran is in its final stages and the country can be said to have access to the technology to extract oil from such reserves. The pilot shale oil pilot project in Iran was designed to study the technical and economic aspects of the shale …
Working Meeting Between Alexey Miller and Iran’s Minister of Petroleum, Chairman of NIOC Board of Directors Javad Owji Takes Place
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Javad Owji, Minister of Petroleum of Iran, Chairman of the Board of Directors of National Iranian Oil Company (NIOC), took place today at Russian Energy Week International Forum 2023. The parties discussed the global energy agenda and considered the …
Iran Begins Development of a New Gas Field in the Northeast
The first phase of the Tus Gas field development project in northeastern Iran was launched at an official ceremony on Sunday. The Tus Gas field, located in Khorasan Razavi province, will produce three million cubic meters of gas per day in the first stage, and in the second stage, production …
Iran Has Begun Development of the Tus Gas Field in the Northeast of the Country
According to NIOC CEO Mohsen Khojastemehr, eight new wells will be drilled at a cost of $200 million. General Director of the National Iranian Oil Company (NIOC) Mohsen Khojastemehr announced the start of development of the Tus gas field, which is located in the Razavi Khorasan province in the northeast …