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NISOC Inks Major Gas Deals with PGPIC, Maroon Petchem Co.
 

NISOC Inks Major Gas Deals with PGPIC, Maroon Petchem Co.

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) signed two contracts, totally valued at $1.2 billion, with the Persian Gulf Petrochem...

NISOC to Ink Major Gas Deals with PGPIC, Maroon Petchem Co.
 

NISOC to Ink Major Gas Deals with PGPIC, Maroon Petchem Co.

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) is to sign two contracts, totally valued at $1.2 billion, with the Persian Gulf Petro...

West Karoun Output Keeps Rising
 

West Karoun Output Keeps Rising

TEHRAN (Shana) -- Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was ex...

ExxonMobil Adds Ninth Discovery Offshore Guyana
 

ExxonMobil Adds Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels M...

Building a core area in Brazil
 

Building a core area in Brazil

With daily oil production of over 90 000 barrels per day from current fields and with expected investments of more than 15 billion USD until 2030, Bra...

PDO for Snorre Expansion Project approved
 

PDO for Snorre Expansion Project approved

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) for the Snorre Expansion Project. Investments of just a...

NIOC to Strike $1.2b Gas Flare Deals
 

NIOC to Strike $1.2b Gas Flare Deals

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) is to sign two contracts, valued at $1.2 billion, with the Persian Gulf Petrochemical Indust...

Asian Consortium Plans Major Investment in Iran Petchem Sector
 

Asian Consortium Plans Major Investment in Iran Petchem Sector

TEHRAN (Shana) -- A major Asian consortium is planning to invest 7 billion dollars in Iran's petrochemical industry, an official with the National...

Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet
 

Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet

TEHRAN (Shana) --A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Iran's multi-billion-d...

Iran to Add 84mcm/d to South Pars Gas Output
 

Iran to Add 84mcm/d to South Pars Gas Output

TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (POGC) said plans were under way to add 84 million cubic meters (3 billion cubic feet) to Iran&#...

SPGC Sweet Gas Output at 39bcm in Q1
 

SPGC Sweet Gas Output at 39bcm in Q1

TEHRAN (Shana) -- South Pars Gas Complex (SPGC) injected 39 billion cubic meters of sweetened natural gas to the national gas distribution network in ...

$100b Investment Potential in Petchem Industry
 

$100b Investment Potential in Petchem Industry

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) says Iran's petrochemical industry has the capacity to absorb over 100 billi...

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