Iran to Sign a long-Delayed Deal with Total

• Sunday, 18th June 2017
• by Dr. Mahinaz El-Baz

Iranian Oil Minister, Bijan Zanganeh, said that Iran expects to sign a long-delayed gas deal with French oil major Total in the next few weeks, reported Reuters. “Iran and Total are summing up the discussions on...

Iran’s NIOC Teams Up with PNOC, Tubacex

• Sunday, 28th May 2017
• by Editorial Team

Philippines’s PNOC Exploration Corporation has teamed up with the National Iranian Oil Company (NIOC) to explore possible investments in oil and gas prospects in the Middle East and in a refinery in Mindanao, Ph...

Iran Delayed Oil and Gas Tenders

• Wednesday, 17th May 2017
• by Sarah Samir

Iranian National Iranian Oil Company (NIOC)’s CEO, Ali Kardor, stated that the country will refocus on oil and gas tenders after the presidential elections, which will be held on the 19th of May, reported Financ...

Iran to Raise Oil Output Capacity

• Wednesday, 10th May 2017
• by Editorial Team

Iran has plans to raise its crude oil production capacity by 3mb/d, Trade Arabia reported, citing a top official of the National Iranian Oil Company (NIOC). According to Hellenic Shipping News, the NIOC’ Deputy Head f...

US Greenlights BP in Iran

• Sunday, 9th April 2017
• by Sarah Samir

UK’s BP and the National Iranian Oil Company (NIOC) have received a license from the US Treasury to operate their joint gas field in the North Sea following the lifting of Western sanctions on Tehran, reported Reuters...

Iran to Reach $50b in Oil Revenues in 2018

• Sunday, 12th February 2017
• by Editorial Team

Iran’s oil exports have reached the pre-sanctions level and its oil revenues are accordingly expected to amount to $45-$50b in the next Iranian financial year until March 2018, if prices remain at $55 per barrel...

DNO to Develop Changuleh Oil Field

• Monday, 21st November 2016
• by Egypt Oil & Gas

The Norwegian oil and gas company, DNO, had signed a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study on the development of the Changuleh oil field in western Iran, rep...

Indonesia to Sign Oil MoU with Iran

• Thursday, 4th August 2016
• by Egypt Oil & Gas

Indonesia’s state-owned energy company Pertamina will sign a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) in August. The MoU will allow Pertamina to evaluate and assess up to fo...

Iran, South Korea Ink $2b Oil Deal

• Sunday, 24th July 2016
• by Egypt Oil & Gas

Iranian Isfahan oil refinery has inked a memorandum of understanding (MoU) with South Korean Daelim company to enhance production procedures and optimize the facility, reported The Iran Project. Managing Director of I...

Iran Exports 2m Barrels of Crude to Poland

• Monday, 11th July 2016
• by Egypt Oil & Gas

The director for international affairs at National Iranian Oil Company (NIOC), Mohsen Ghamsari, has declared that Poland’s Grupa Lotos has bought 2m barrels of Iran’s crude oil in a one-off purchase, according to Al A...