National Iranian Oil Company (NIOC) | Egypt Oil & Gas

Iran to Sign $17B Contracts For South Pars Gas Field Pressure Boost Project

National Iranian Oil Company (NIOC) is set to sign seven contracts for the South Pars (SP) pressure boost project valued at $17 billion, said the company’s Engineering and Development Manager, Reza Dehqa. This follows...

NIDC to Lend 16 Drilling Rigs to Domestic Companies

National Iranian Drilling Company (NIDC), a subsidiary of the National Iranian Oil Company (NIOC), has announced a deal to lend 16 drilling rigs to five domestic oil companies, according to the Tehran Times. According...

NIOC Awards Joint Field Development of Yaran to PIOGIDC

The National Iranian Oil Company (NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for the development of Yaran joint oilfield., according to a press release. The agreement, wh...

South Pars Development to be Completed in March

South Pars, an offshore project located in the Persian Gulf, is expected to be completed by the end of the current Iranian year (March 19, 2020), Mohammad Meshkinfam, the Managing Director of Pars Oil and Gas Company ...

NIOC Drills Nine Exploratory Wells

National Iranian Oil Company (NIOC)’s Exploration Directorate drilled nine exploratory wells with a total depth of 13,281 meters in the current Iranian calendar year (ends on March 19), Tehran Times reported. Deputy D...

Iran to Award E&P Contracts to Local Companies

Iran may award up to five exploration and production (E&P) contracts to some of its national oil companies (NOCs), with the first deal expected in the coming months, Reuters reported. The National Iranian Oil Comp...

SOCAR to Bid in Iran’s Oil Field Tender

The National Iranian Oil Company (NIOC) expanded the list of companies that will be able to participate in the tender for the development of oil and gas fields in the country, reported Azer News. NIOC added RussiaR...

Iran, Russia Mull Gas Partnership

Iran and Russia are negotiating to implement joint natural gas development projects, Trend News Agency reported. The National Iranian Gas Company’s (NIGC) Managing Director, Hamid Reza Araqi, said that negotiations to...

Iran, Indonesia in Talks over Iranian Fields

Indonesia’s state-owned energy company, Pertamina, will submit proposals to Iran to explore two oil fields in the country, Oil Price reported. The oil fields are located in Ab Teymour and Mansouri. Based on a study co...

Iran Extends Deadline for Oil, Gas Bids

National Iranian Oil Company (NIOC) has extended its deadline for bids on oil and gas projects to February 15th, Press TV reported. NIOC’s Head, Ali Kardor, went further adding the original late January deadline had b...

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