NIOC | Egypt Oil & Gas

NIOC to Implement Strategic Plans in Khuzestan Worth $900M

The National Iranian Oil Company's (NIOC) CEO declared that a strategic plan of roughly $900 million will be launched in the province of Khuzestan's upstream oil industries.

NIOC Announces Iran Crude Oil Prices for September Delivery

The cost of light crude oil, heavy crude oil, and Forouzan crude for sale in September has been fixed by the NIOC's international affairs division at $9.50, $6.30, and $6.40, respectively, over the average oil pri ...

NIOC Inks Largest FDI MoU with Gazprom

The National Iranian Oil Company (NIOC) CEO said the deal with Gazprom is one of the largest foreign direct investment memorandum of understanding (MOU) in the history of Iran's oil industry. In an online ceremony ...

Mansouri Field’s New Wells to Increase Crude Production

As part of the National Oil Company of Iran's project for Mansouri Fields, wells no. 123 and 124 have successfully been commissioned, which will increase the field's crude oil production.

Iran, Russia’s Gazprom to Boost Energy Cooperation

Mohsen Khojasteh-Mehr, Managing Director of the National Iranian Oil Company (NIOC), stressed a strong commitment to promoting energy cooperation between his country and Russia.

Iran to Produce 940 mmcm/d of Natural Gas in Winter

The CEO of the National Iranian Oil Company (NIOC), Mohsen Khojastehmehr, said that Iran’s natural gas production will reach 940 million cubic meters per day (mmcm/d) in winter.

84% of South Pars Wells Connected to Production line

The CEO of Pars Oil and Gas Company, Mohammad Meshkinfam, announced that 336 wells out of total 400 wells, representing 84%, at South Pars filed are connected to the production line.

Iran’s NIOC Sets Plan to Resume Oil Production

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’s Private Sector to Enhance Capacity of Natural Gas Fields

The production capacity of three natural gas fields will be enhanced with an investment of € 281 million by local private investors, the CEO of the Iranian Central Oil Fields Company, Ramin Hatami, stated, accordi ...

Iran’s NIOC Injects Nanofluid in Sourmeh Resevoire for Oil Recovery

The National Iranian Oil Company (NIOC) has begun nanofluid injection into the Sourmeh reservoir of Bilal Oilfield as an operational step toward implementing enhanced oil recovery (EOR) in the field, according to ...

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