Monday, March 30, 2020   05:32:13
Last South Pars Phase 13 Platform Installed
OPEC, non-OPEC Agreement Accessible before April: Zangeneh
COVID-19, Main Reason in Recent Oil Price Fluctuations: Zangeneh
Iran-Made Fath 72 Drilling Rig Unveiled
  • Tuesday 2/18/2020 Iran-Made Fath 72 Drilling Rig Unveiled
    TEHRAN (NIOC) – Fath 72 Drilling Rig, built by Academic Center for Education, Culture and Research (ACECR), has been unveiled in a ceremony attended by Iranian Minister of Petroleum Bijan Zangeneh.
Concurrent Loading of South Pars Phase 13 Platforms
NIOC signs IPC Contract with MAPNA Group to Further Develop Two Oil Fields
Iran About to Launch Major APG Processing Plant
  • Wednesday 2/5/2020 Iran About to Launch Major APG Processing Plant
    TEHRAN (NIOC) – The Iranian Minister of Petroleum said the country had started countdown for launching a major plant for collecting and processing associated petroleum gas (APG) with $3 billion of investment.
Last South Pars Phase 14 Platform Installed
2019 Oil Market Hotbeds
  • Saturday 2/1/2020 2019 Oil Market Hotbeds
    TEHRAN (NIOC) _ The year 2019 was fraught with events for global oil markets. However, as far as the pricing was concerned the impacts were weak and short-lived on the market. That could have largely affected the oil market in the middle of the decade, but by the end of the last decade of the 21st century, the impact has been meager. In other words, 2019 ended the same way it had started. No significant development was witnessed in the trend of prices with which are mainly concerned producers, consumers, speculators and market analysts. Nonetheless, in the final hours of 2019, oil prices experienced an unpredicted jump to cross $70 a barrel, an unprecedented record since 2018.
North Pars Gas Field Awaiting Investment
  • Saturday 2/1/2020 North Pars Gas Field Awaiting Investment
    TEHRAN (NIOC) _ Some 120 kilometers southeast of the southern Bushehr Province, Iran own a gas field holding more than 57 tcf of gas in place. North Pars is among fields with high potential for investment. The field is estimated to require $16 billion in investment, including $5 billion in the upstream sector and $11 billion in the downstream sector (mainly LNG plants).
Petropars Developing South Pars Phase 11 Alone
  • Saturday 1/25/2020 Petropars Developing South Pars Phase 11 Alone
    TEHRAN (NIOC) – Iranian Minister of Petroleum Bijan Zangeneh said Iran's Petropars was developing Phase 11 project of South Pars gas field as CNPC International and Total had fully abandoned the project.
IOOC Launches PIMS Project
  • Tuesday 1/21/2020 IOOC Launches PIMS Project
    TEHRAN (NIOC) _ The Iranian Offshore Oil Company (IOOC) has successfully launched its first pipeline integrity management system (PIMS) in the Iranian oil industry.
Wellhead Platform Loaded for Salman Oilfield
NISOC Builds Drilling Bit without Reverse Engineering
Minister Expresses Condolence over Gen. Soleimani's Martyrdom
Iran starts natural gas extraction from offshore rig at South Pars
Tests Start in Sardar-e-Jangal
  • Tuesday 12/24/2019 Tests Start in Sardar-e-Jangal
    TEHRAN (NIOC) _ Ahmad Shirzadi, exploration director at Khazar Exploration and Production Company (KEPCO), has announced the start of two major projects within areas run by this company.
NIOC Inks Research Deal with Local Universities
  • Saturday 12/14/2019 NIOC Inks Research Deal with Local Universities
    TEHRAN (NIOC) _ The National Iranian Oil Company (NIOC) has signed two contracts with Sahand and Tabriz universities of technology on geological studies of west and northwestern Iran
5 OPEC Decision in 177th Meeting
  • Friday 12/6/2019 5 OPEC Decision in 177th Meeting
    TEHRAN (NIOC) – OPEC+ production cuts increased by 503,000 barrels per day, secondary sources designated as OPEC and non-OPEC production reference sources, gas condensate was removed from crude oil production calculation of non-OPEC producers, Algeria's Energy Minister was selected as OPEC Conference President alphabetically, and eventually, Iran became the vice-chairman of the OPEC board of governors.
Zangeneh Content with Talks at OPEC 177th Conference
  • Friday 12/6/2019 Zangeneh Content with Talks at OPEC 177th Conference
    TEHRAN (NIOC) – Iranian Minister of Petroleum Bijan Zangeneh expressed satisfaction at the negotiations between OPEC members on Thursday, announcing an extraordinary OPEC meeting would be held within the next 3 to 4 months.
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