TEHRAN (NIOC) _ The director of oil and gas engineering of Pars Oil and Gas Company said with the start of drilling an extension appraisal well in the northern part of the South Pars gas field, evaluation of the potential capacity of the areas outside the current blocks of the field entered the implementation phase.

TEHRAN (NIOC) _ Iranian President Ebrahim Raisi said: “The Islamic Republic of Iran is ready to develop oil and gas training programs for ECO member countries.”

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said the company would welcome the arrival of foreign investment, saying: If for any reason foreign investment is not materialized, different scenarios are on the table and we will not keep waiting for them.

TEHRAN (NIOC) _ Iranian Minister of Petroleum, Javad Owji, said on Tuesday that Iran and Algeria will continue their close collaboration in OPEC and GECF, congratulating its nominee on his appointment as GECF’s secretary general.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said roughly $11 billion will be invested to bolster gas production from Iran’s offshore fields by 240 million cubic meters.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said with a $4-billion investment in the development of the North Pars field, 100 million cubic meters per day of gas will be produced from the field.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company emphasized that the business and investment structure should be established and active in the subsidiaries of the National Iranian Oil Company and the export-oriented approach should be considered in all sectors.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company emphasized on continuing exploration activities in the north and strengthening the Khazar Exploration and Precaution Company (KEPCO) to advance the goals of the oil industry.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said Iran’s oil sales have improved, saying: From the next one or two weeks, the export of petroleum products, which we had restrictions due to the supply of domestic reserves, will resume.

TEHRAN (NIOC) _ Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts known as Iran Petroleum Contract (IPC).

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company said that $11 billion is needed to complete the West Karun projects.

TEHRAN (ُNIOC) _ The CEO of Pars Oil and Gas Company said: Gas production from South Pars has reached its peak.”

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said the country would need to invest $65 to $89 billion to develop its oil and gas fields otherwise it will become a gas importer in the coming years.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said: Soon, good news will be announced about the diversity of contracts for crude oil, gas condensate and oil barter.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji appointed Mohsen Khojasteh Mehr as his deputy and the CEO of the National Iranian Oil Company (NIOC).

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said his ministry is planning to invest 4 billion dollars in the western province of Ilam to develop oil and energy projects.

TEHRAN (NIOC) _ The Deputy Chairman of the Energy Commission of the Islamic Consultative Assembly said: The determination of the Ministry of Petroleum under the 13th administration and the move towards increasing production in joint oil fields is commendable.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said the first train of the phase 14 refinery of the South Pars gas field would come on stream in the winter this year.

TEHRAN (NIOC) _ The CEO of Pars Oil and Gas Company said out of a total of 39 platforms in South Pars Gas Field, 37 platforms and out of a total of 400 wells in this field, 336 wells (84) are in production line.

TEHRAN (NIOC) – The President of CNPC International LTD. (Iran), Li Yingchang, met with Iranian Minister of Petroleum Javad Owji in his Tehran office on Thursday.