NIOC Signs 13 Contracts Worth $1.78 B

• Tuesday, 18th August 2020
• by Editorial Team

The Iranian oil industry has signed 13 contracts worth roughly EUR 1.5 billion with 14 local firms to enhance and maintain oil production, according to a press release. The deals were signed on July 17  in Tehran betw...

Russian Firms to Bid for Iranian Shadegan Oil Field

• Monday, 11th June 2018
• by Editorial Team

Two Russian firms are reportedly preparing bids and technical proposals to develop the Shadegan oil field in southern Iran, according to Trend News Agency. “Within the next two to three months, it will be certai...

Iran Sanctions: Pergas Consortium Ready to Replace Foreign Contractors

• Sunday, 10th June 2018
• by Editorial Team

Pergas International Consortium will replace international companies unable to continue work in Iran because of the upcoming reimposition of US sanctions, The Islamic Republic News Agency (IRNA) reported. PIC and the ...

Iran to Export 4mb of Crude to the Philippines

• Tuesday, 10th January 2017
• by Egypt Oil & Gas

National Iranian Oil Company (NIOC) is negotiating with the Philippines over exporting 4mb of crude per month to the country, Reuters reported. This came as Philippines’ National Oil Company (PNOC), a member of ...