Posts Tagged “NIOC”

Iran authorizes 29 foreign firms for oil, gas tenders

Iran authorizes 29 foreign firms for oil, gas tenders

National Iranian Oil Company (NIOC) has affirmed adequacy of 29 international oil and gas companies willing to put in tenders for Iran’s upstream oil sector. NIOC intends to invite several rounds of tenders for a number of oil exploration & production (E&P) projects; accordingly, credible and qualified foreign E&P firms were asked to participate in…

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Iran increased oil and gas sales to Shell and BP

Iran increased oil and gas sales to Shell and BP

Iran has increased its sales of crude oil as well as gas condensates to global energy giants Shell and BP. Director for International Affairs of the National Iranian Oil Company (NIOC) Mohsen Qamsari was quoted by Press TV as saying that Shell and BP had purchased two to three consignments of oil from Iran over…

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Iran begins sales crude to Eni

Iran begins sales crude to Eni

An NIOC official has reported on shipment of the first Iranian crude oil cargo to Italy’s Eni oil industry company in the post-JCPOA era. Executive Director for International Affairs at National Iranian Oil Company (NIOC) Seyed Mohsen Ghamsari, while pointing to launch of oil sales to Eni in the post-JCPOA era, said Iran has so…

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Iran’s NISOC in talk with BP, YPF and CNPC

Iran’s NISOC in talk with BP, YPF and CNPC

NISOC managing director said negotiations were underway way to launch oil cooperation with BP, Argentina’s YPF as well as China’s Sinopec and CNPC. Aiming at attracting maximum investment and modern technology, Iran’s Oil Ministry, in addition to introducing new model of oil contracts, dubbed as the Iran Petroleum Contract (IPC), has allowed National Iranian South…

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France Total to install SP Phase 11 pressure booster station

France Total to install SP Phase 11 pressure booster station

France’s Total will equip Phase 11 of South Pars Gas Field with a pressure booster station to regularly pump two billion cubic feet of gas per day for nearly 20 years as part of a deal between Tehran and the French energy giant. Oil Minister Bijan Namdar Zanganeh told Tasnim News Agency on Monday that…

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British Petroleum task force to study Iran oil investment

British Petroleum task force to study Iran oil investment

Global energy giant British Petroleum (BP) has reportedly started a serious push to look into the prospects for making post-sanctions investments in Iran’s oil industry. Reuters said in a report that BP has formed a special task force to study Iran’s oil industry investment potentials in what could be a fresh sign of the growing…

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Iran, Poland sign MOU on oilfield study

Iran, Poland sign MOU on oilfield study

National Iranian Oil Company (NIOC) and Polish state owned oil and gas company, PGNiG (Polskie Górnictwo Naftowe i Gazownictwo), signed a memorandum of understanding (MOU) on Saturday, based on which the polish company will conduct primary studies on Iran’s Sumar oil field in the Iranian western province of Kermanshah, Shana reported. The MOU was signed…

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Iran’s oil exports to EU significantly rises to 700,000 b/d

Iran’s oil exports to EU significantly rises to 700,000 b/d

A top official with National Iranian Oil Company (NIOC) Mohsen Qamsari said on Wednesday that Iran’s oil exports to Europe has risen to 700,000 b/d. Iranian oil exports to European countries had nearly stopped during sanctions. After the implementation of the Joint Comprehensive Plan of Action (JCPOA) in January, the European countries resumed oil imports…

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Iran sign six oil deals with international energy giants

Iran sign six oil deals with international energy giants

Iran said on Sunday it will soon sign six agreements with international energy giants over the development of its oil sector projects. Gholam-Reza Manouchehri, the deputy for engineering and development affairs of the National Iranian Oil Company (NIOC), specified neither the companies nor the projects. Nevertheless, he did indicate that the projects were large scale….

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Iran sales 1mb oil to British companies

Iran sales 1mb oil to British companies

An official at NIOC said Iran has begun crude sales to British companies as the first one-million-barrel shipment was delivered to British Petroleum. Seyyed Mohsen Ghamsari touched upon resumption of oil exports to British firms in the post-JCPOA era saying “so far, two crude oil and gas condensate cargos have been sold to two companies…

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