The National Iranian Drilling Company (NIDC) allocated $123.8 million for upgrading and renovating 70 drilling rigs and equipment across its operational, technical, specialized, and logistical departments.
The Iranian Research Institute of Petroleum Industry (RIPI) has signed a memorandum of understanding with the Iranian National Institute for Oceanography and Atmospheric Science to cooperate in studying gas hydrat ...
Iranian Offshore Oil Company (IOOC) along with National Iranian Tanker Company (NITC) has started to implement a project for injecting gas condensate into Soroush oil filed in the Persian Gulf to keep its producti ...
The Deputy Director of Production at the National Iranian Oil Company (NIOC), Farrokh Alikhani announced that his company has prepared a precise plan to resume oil production to the pre-sanctions levels in one wee ...
Iran will reduce air pollutants produced from the natural gas industry by 70% during the upcoming three years.
The Organization of Petroleum Exporting Countries and its allies (OPEC+) plans to increase oil production in July 2021, however Saudi Arabia’s energy minister kept the market guessing about whether the group will ...
The Iranian Oil Ministry announced that Petropars company will be awarded a contract worth $ 1.78 billion by the Ntaional Iranian Oil Company (NIOC) for developing the giant Farzad-B gas field.
The Director of Production at the Iranian Central Oil Fields Company, Ahmad Rajabi, announced that Iran had started the operation of its project to collect associated petroleum gases (APG) at the Cheshmeh Khosh oi ...
Iran has achieved 6% increase in the annual production of sweet gas despite the lockdowns and obstacles being resulted from coronavirus outbreak.
The executor of Azar joint field’s development project, announced that the Iranian Azar joint field has recorded total production of 36 million barrels (mmbl).
