Iran to Tender Oil, Gas Projects for Investment
Monday, August 04, 2008 The National Iranian Oil Company will present 15 industry project packages to the global financial markets for investment by holding national and international tenders.
Gazprom Visits Iran to Strengthen O&G Ties, Inks MOU
Monday, July 14, 2008 A delegation for Gazprom met with the Iranian Oil Minister and Managing Director of NIOC to discuss a mutually beneficial long-term partnership between Gazprom and Iran. A MOU was signed between the parties to create a JV to implement O&G projects.
OMV and Iran Ink Deal for South Pars Gas Field
Monday, April 23, 2007 OMV has signed an agreement with NIOC regarding participation South Pars Field phase 12, a liquefaction plant for Liquefied Natural Gas (Iran LNG) and a subscriber agreement for Liquefied Natural Gas (LNG).
Total Issues Clarification on South Pars Inquiry
Wednesday, March 21, 2007 Total believes it is important to clarify the Group's position with regards to the ongoing French judicial inquiry into the company's activities in Iran opened in December 2006 around the South Pars project signed in 1997 between Total and NIOC.
Petrobras to Invest $470M in Iran's Caspian Sea
Tuesday, March 06, 2007 Petrobras will sign a $470 million contract with Iran to develop Caspian Sea oil reserves, the Iranian Oil Ministry's information network, Shana, said on its Web site Tuesday.
GPS Plans to Join AIM with Float
Monday, January 15, 2007 GPS Group Limited said that it plans to join the AIM market of the London Stock Exchange and raise new funds by way of a proposed placing of new shares.
National Iranian Oil Co, Malaysia SKS Sign Gas Deal
Sunday, January 07, 2007 The National Iranian Oil Co. signed a $20 billion memorandum of understanding based on the buyback plan with Malaysia's SKS Ventures on the development of the offshore Golshan and Ferdows gas fields in the Persian Gulf.
Iran to Test First Locally Built Semisub
Wednesday, December 27, 2006 Iran will test its first locally constructed semisub, Iran Alborz, in the Caspian Sea in the first half of the next Iranian calendar year (starting March 21, 2007), said an official of the National Iran Oil Company (NIOC) Friday afternoon.
Iran Signs $300M Contract on Azadegan--Ministry
Wednesday, December 13, 2006 Iran has taken the development of the onshore Azadegan oil field one step further by signing a $300 million drilling contract to demonstrate that it can do the job on its own, the Oil Ministry's information network reported Tuesday.
Iran to Announce Changes in Oil Buyback Scheme
Wednesday, November 01, 2006 Iran will announce the outcome of changes in the controversial buyback scheme used in oil development contracts next week, a senior Iranian oil official said Wednesday.
Iran, China in Talks Over North Pars Gas Field -Ministry
Tuesday, October 31, 2006 Iran's state-owned National Iranian Oil Co., or NIOC, is currently in negotiations with China National Offshore Oil Co., or CNOOC, on the development of the offshore North Pars gas field in the Persian Gulf.
Iran Parliament Hopes Inpex Opts Out of Azadegan
Monday, September 11, 2006 The chairman of the Iranian Parliament's energy commission said that lawmakers hoped Inpex would withdraw from developing the Iran's giant Azadegan field, adding the company has until the end of this month to decide on its future involvement.
GSP: Fortuna Arrives in UAE
Wednesday, August 16, 2006 Grup Servicii Petroliere s.a. (GSP), a Constanta, Romania-based drilling and oilfield services company, on Wednesday said that its Fortuna jackup rig is now in the harbor of Sharjah, UAE.
Lukoil Oil Makes Discovery on Anaran Block in Iran
Monday, December 12, 2005 A major discovery was made on the Anaran exploration block in west Iran, which could become one of the most significant oil finds over the past several years.
Norsk Hydro CEO Says, Anaran Deal May Be Signed in 2H 2005
Wednesday, July 27, 2005 Norsk Hydro may sign a contract with the National Iranian Oil Co. in the second half of this year to develop the Anaran oil discovery
Thai, Chinese Firms Sign Deals to Develop Iran Oil Fields
Monday, June 13, 2005 The National Iranian Oil Co. has signed buyback contracts with Thai and Chinese companies on the exploration and development of the offshore Saveh and Kouh-Dasht oil blocks in northern and western parts of the country, an Iranian Oil Ministry official said Saturday at a press briefing.
PTTEP Granted Exploration License in Iran
Friday, April 29, 2005 PTTEP will sign a deal with NIOC to become the operator and have a 100% stake in the Petroleum Exploration and Development Project of Saveh Block.
Total Concludes Pars LNG Deal with NIOC
Tuesday, December 07, 2004 Total has concluded an agreement with the National Iranian Oil Company setting the framework of the future Pars Liquefied Natural Gas project and its main commercial terms.
Repsol Signs $39 Million Iran Oil Exploration Contract
Thursday, October 14, 2004 Repsol YPF signed an exploration contract worth up to $39 million with the National Iranian Oil Co. for two oil blocks in the Persian Gulf.
Drilling Operations Commence at Shanol Field in Iran
Tuesday, September 28, 2004 The first well has been drilled in Shanol gas field, south of Fars Province, to mark the starting point of new development on the field.