Iran and Croatia entered talks over expansion of mutual ties in the oil and gas industry, according to Tehran's Deputy Oil Minister for International Affairs, Amir Hossein Zamaninia.
A consortium of Indian companies, led by ONGC Videsh (OVL), is set to strike a deal with Iran by January for the development of Farzad-B gas field in the Persian Gulf.
DNO signed a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study on the development of the Changuleh oil field in western Iran.
Iraq will make three new suggestions at a meeting in Vienna of OPEC oil ministers at the end of the November to implement an agreement to restrain crude supply in order to push up prices.
The National Iranian Tanker Company (NITC) and Poland’s Ciech Trading S.A. are in talks in Tehran in order to establish a joint company for the marine transportation of crude oil, petrochemicals and liquefied gas.