Iran | Egypt Oil & Gas

Iran to invest $7bn in Azadegan Oilfield Development

Javad Owji, the Iranian Minister of Petroleum, said 7 billion dollars would be invested in the Azadegan Oilfield, the majority coming from Iranian banks, development companies, and the National Development Fund of ...

Venezuela Receives Its Second Iranian-Built Tanker.

In the presence of the presidents of Iran and Venezuela, SADRA (Iran Marine Industrial Company) handed over the second Aframax tanker built by the company.

Iran to Restart a Gas Pipeline to Oman

During his visit to Oman, Iranian Petroleum Minister Javad Owji agreed to revive a pipeline project to pump gas from Iran to the country.

Iran’s CIOFC to Raise Natural Gas Production by 100 mmcm in 2026

The CEO of the Central Iranian Oil Fields Company (CIOFC) Mehdi Heidari announced company's plan to intensify gas production by 100 million cubic meters (mmcm) by the end of the Iranian calendar year 1404 (ending ...

NISOC Production Grows by 600,000 bbl/d During Raisi Administration 

The CEO of the National Iranian South Oil Company (NISOC) announced that its fields' production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration.

Iran’s Oil Production Returns to Pre-Sanction Levels

According to state news agency IRNA, Mohsen Khojastehmehr, CEO of the National Iranian Oil Company (NIOC), oil production has reached pre-sanctions levels, despite economic pressures.

Iran Develops Abadan Refinery to Enhance Refinery Products

The operator of Abadan Refinery Development and Stabilization Project, National Iranian Oil Refining and Distribution Company (NIORDC), announced that it develops the refinery with the aim of optimizing the refine ...

Iran Targets Increase in Crude Exports to 1.4 mmbl/d

Iranian Oil Minister Javad Owji said that his country will attempt to ramp up oil and condensates exports to 1.4 million barrels per day (mmbl/d) to cope with the annual budget.

NIOC Signs Contract for Oil & Gas Development at South Pars Layer

The CEO of the National Iranian Oil Company(NIOC) , Mohsen KhojastehMehr, announced that the company has signed a contract for the development, production and increase of oil production from the South Pars oil lay ...

Iran Proceeds With Petroleum Activities Regardless of the Outcome of Nuclear Talks

The Iranian Minister of Petroleum Javad Owji said the ministry was proceeding in the oil sector relying on experts and capabilities regardless the outcome of the nuclear talks held in Vienna. 

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