Iran | Egypt Oil & Gas - Part 55

Turkey, Iran to Triple Mutual Trade to $30b

Turkish Customs and Trade Minister announced that Ankara and Tehran are doing their best to considerably increase the volume of their trade exchanges.

Iran’s Oil Export Doubles to 3.8mb/d

Iranian Ministry of Petroleum announced that the country's crude oil exports have doubled crossing the level of 3.8mb/d with over 2m barrels being exported to foreign destinations, since Iranian President, Hassan Rou ...

Iran to Sell Oil to India in Euro

Iran will receive euro payments for its oil exports to India, and the sales in rupees will stop, the Central Bank of Iran (CBI) announced.

Iran’s Kurdistan Petchem Plant to Come Online

Iran's Kurdistan Petrochemical Plant will be able to produce 300,000 tons a year of light polyethylene after becoming operational in estimated two months.

Iran Prioritizes Joint Oil Fields Development

Managing Director of National Iranian Oil Company (NIOC) said that development of joint oil and gas fields are still top priorities for Iran.

Petropars, Interoil Italia, PSEEZ Agree to Develop Oilfield in Iran

Iran's Petropars, the Pars Special Economic Energy Zone (PSEEZ), and Italy's Stinnes Interoil Italia Srl inked a deal to develop a new oil field in southern Iran.

India Begins Settling Iran’s Oil Dues

Indian refiners have turned to Indian and German banks to speed payment of billions of Iranian oil dues they still owe to Tehran.

Shell Resumes Crude Oil Purchases From Iran

Shell resumed purchases of Iranian crude, becoming the second major oil firm to restart trade with Tehran after the sanctions were lifted.

Firms Seek to Construct Petroleum Equipments in Iran

Several foreign companies have showed interest in cooperating with Iran to construct technical petroleum equipment crucially needed for the oil industry.

Dutch Intecsea Offers Services for Iran-Oman Subsea Pipeline

The Dutch offshore engineering company Intecsea, a leader in offshore engineering, has expressed its interest in the construction of a subsea pipeline for supplying Iran’s natural gas to Oman.

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