TEHRAN (NIOC) _ The CEO of Petropars Group announced that the company has made orders with a total worth of over 165 million Euros of goods and equipment for the Central Treatment Export Plant (CTEP) of South Azadegan Field to Iranian contractors, manufacturers and suppliers.

TEHRAN (NIOC) – The Iranian Central Oil Fields Company (ICOFC), as the largest producer of gas in the country's land fields, has received the standard certification of energy management system (ISO50001: 2018) for observing international standards while boosting its productivity.

TEHRAN (NIOC) _ Strategies for expanding oil cooperation between Iran and Turkmenistan were discussed at a meeting between the CEO of the Caspian Oil Company and the Ambassador of Turkmenistan to Iran.

TEHRAN (NIOC) _ The CEO of Pars Oil and Gas Company said the first gas sweeteners of phase 14 of South Pars gas field will be handed over to the start-up group in July.

VIENNA (NIOC) _ The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

TEHRAN (NIOC) _ The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to increase its oil output to a figure beyond the pre-sanctions levels in 2018.

TEHRAN (NIOC) _ The director of production at the Iranian Central Oil Fields Company announced the start of executive operation of the project to collect associated petroleum gases (APG) at the Cheshmeh Khosh oil field in the Ilam province, western Iran.

TEHRAN (NIOC) _ Persian Gulf Bidboland Gas Refinery has signed 3 contracts valued at a total of €165 million with local firms for the manufacture of a plant to capture flared gas and convert it into usable fuel.

TEHRAN (NIOC) _ The 15th OPEC and non-OPEC Ministerial Meeting Ministers was held via video conference on Thursday April 1, 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

TEHRAN (NIOC) _ OPEC and its allies reached a consensus on Thursday on easing crude oil output cuts by 350,000 bpd for May and June, and by 450,000 bpd as of July.

TEHRAN (NIOC) _ The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6 increase in Iran’s annual sweet gas production.

TEHRAN (NIOC) _The early production part of the Jask Oil Terminal is almost completed as it has been developed by 90 percent and the installation process of the first single point mooring (SPM) has begun in the Oman Sea, Jask oil terminal project executor said.

TEHRAN (NIOC) _ The CEO of Petropars Group said despite the unfavorable and unstable winter weather conditions in the Persian Gulf, drilling operations of Phase 11 of South Pars Gas Field continue seriously without any interruptions, and so far, 4,180 meters of drilling has been carried out in the project.

TEHRAN (NIOC) _ Oil sanctions against Iran remain effective. But the country says it would export 2.3 mb/d of oil and condensate this year. Many experts believe that Iran’s return to the oil market is unlikely to cause any shock.

TEHRAN (NIOC) _ OPEC and its allies reached a compromise on Thursday on extending the current crude oil output cuts of 18 members for April, allowing Russia and Kazakhstan to raise their production by 150,000 bpd.

TEHRAN (NIOC) – Iran has so far produced over 36 million barrels of crude oil from Azar join oilfield, the executor of Azar Field’s development project announced.

TEHRAN (NIOC) _ The CEO of Pars Oil and Gas Company said the first jetty for loading and exporting liquefied petroleum gas from the service and export port of Tombak in South Pars was put into operation.

TEHRAN (NIOC) _ The Organization of the Petroleum Exporting Countries (OPEC) has postponed its 8th International Seminar until next year due to the COVID-19 pandemic. The Seminar, originally scheduled for 16-17 June 2021, will now be held on 29-30 June 2022 at the Hofburg Imperial Palace in Vienna, Austria.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Engineering and Construction Company said: We have become completely self-sufficient in construction and implementation of crude oil and petroleum products transmission pipelines under the most difficult economic conditions and sanctions.

TEHRAN (NIOC) – The CEO of the Iranian Central Oil Fields Company said plans were under way to start crude oil production at Khesht Oilfield in the first half of the next Iranian calendar year which starts on March 21, 2021.