Oil and gas investment capacity between Iran and Russia are slated to reach $10b, while Gazprom Neft and National Iranian Oil Company (NIOC) signed MoU for feasibility studies on the development of Changouleh and Che ...
National Iranian Oil Company (NIOC) signed an oil agreement with Thailand's National Oil Company PTT Exploration and Production Public Company Limited (PTTEP).
Royal Dutch Shell has signed a provisional agreement to develop oil and gas fields in Iran, namely the Azadegan and Yadavaran oil fields near the Iraqi border, and the Kish gas deposit in the Persian Gulf.
Iran will launch after January 2017 its first new-style tender to develop oil and gas fields since the lifting of sanctions, noting that the deadline to submit pre-qualification documents has been extended.
India has nudged Iran to quickly award rights to develop the coveted Farzad-B gas field in the Persian Gulf to ONGC Videsh by wrapping up negotiations that have been dragging on for months.