National Iranian Oil Company (NIOC)

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.

NIOC Awards Joint Field Development of Yaran to PIOGIDC

The National Iranian Oil Company (NIOC) has awarded Persia Oil and Gas Industry Development Company (POGIDC) with the development of Iran’s Yaran joint oilfield.

South Pars Development to be Completed in March

South Pars, the offshore project located in the Arabian 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 Compa ...

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).

Iran to Award E&P Contracts to Local Companies

Three or four exploration blocks will be developed by local firms within a year, according to the National Iranian Oil Company.

SOCAR to Bid in Iran’s Oil Field Tender

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.

Iran, Russia Mull Gas Partnership

Iran and Russia are negotiating to implement joint natural gas development projects, including exportation schemes to Europe and Eastern Asia.

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, which are located in Ab Teymour and Mansouri.

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.

Iran to Export 4mb of Crude to the Philippines

National Iranian Oil Company (NIOC) is negotiating with the Philippines over exporting 4mb of crude per month to the country.

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