Iran | Egypt Oil & Gas - Part 66

Iran Announces Post-Sanction ENI Drilling Project

The National Iranian Drilling Company (NIDC) announced it had signed a memorandum of understanding (MoU) with the subsidiaries of the Italian Company ENI to launch drilling of 40 wells in the South Azadegan oilfield, ...

Iran on Verge of Sanctions Removal, Nuclear Trade with Russia

Iran’s ambition to have sanctions removed in January is “not impossible”, Reuters quoted International Atomic Energy Agency’s (IAEA) Director-General, Yukiya Amano as saying. He explained that Iran w...

Iran Cleared of Nuclear Suspicions by IAEA

The Vienna-based International Atomic Energy Agency (IAEA) announced that it had ended its 12-year-long investigation into concerns that Iran might be developing nuclear weapons, as no evidence was found since 2009, r...

Iran-French Companies to Build Region’s First FLNG Plant

Iranian companies and a French firm have reached an agreement to build the first floating LNG production unit at the offshore Forouzan oilfield, first in the region, with a capacity of 1mt/year, Press TV cited Iran’s ...

Iran to Construct Oil Refinery in Sierra Leone

Iran and Sierra Leone are negotiating a construction of oil refineries in the West African country, starting with an oil storage depots, according to TradeArabia. The National Iranian Oil Engineering Company (NIOEC) h...

Iran-India Pipeline to Detour Pakistan

Tehran is holding negotiations with New Delhi to build a $4.5b undersea gas pipeline from Iran to the Indian west coast, following upon India’s previous rejection of an on-land pipeline passing through the Pakis...

Iran to Build Oil Refineries in Europe After Sanctions

Iran is finalizing negotiations with Europe to construct refinery units in several European countries that will process Iranian crude oil, and subsequently sell the refined products on local markets, Fars News Agency ...

Iran to Attract Petrochemical Investments

Iran will hold Iran Petrochemical Forum (IPF) on December 13th for some 300 Iranian and 100 foreign petrochemical enterprises seeking a boost to foreign investments in the sector, PressTV reported. Tehran had announce...

China Edging Back to Iran’s Crude

Iran is taking steps to ramp up oil exports by 500,000bd ahead of the end of international sanctions, and to extend its crude contracts with Chinese buyers in 2016, sources involved in the bilateral talks told Reuters...

OPEC: Tehran, Riyad to Continue Pumping Oil Despite Price

At the OPEC Summit, both Iran and Saudi Arabia said they would keep on pumping despite oil prices hovering near a six-year low as OPEC was not expected to curb the global supply glut, according to Bloomberg. Iran plan...

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