NIOC

Iran national oil company signs oil contracts worth $13bn

Tehran, IRNA – The National Iranian Oil Company (NIOC) has signed contracts worth $13 billion, marking the country's biggest oil contracts in a decade.
10 months ago
Arbitrator in $32bn gas dispute against Iran dismissed: Official

Tehran, IRNA - Iran’s vice-president for legal affairs has announced that Laurent Aynès, president of an international tribunal hearing a $32 billion gas dispute between the UAE-based Crescent Petroleum and National Iranian Oil Company (NIOC), has been dismissed from the case.
Older than a year
Iran oil exports doubled since August 2021: Official

Tehran, IRNA – Iran’s oil exports has doubled compared to figures reported when President Ebrahim Raisi's government took office in August 2021, according to a senior official in the country's Oil Ministry.
Older than a year
NIOC chief.: Development operation of Sohrab Oil Field to begin soon

Tehran, IRNA – Managing director of the National Iranian Oil Company (NIOC) said based on a 1-billion-dollar investment development of Sohrab Oil Field in Khuzestan province will begin within a few days.
Older than a year
Agreement with Russia, biggest strategic investment in Iran oil history

Tehran, IRNA – The managing Director of the National Iranian Oil Company (NIOC) has termed the today agreement signed by Iran and Russia in Tehran as the biggest strategic investment in the history of Iran’s oil industry.
Older than a year
Iran increases official crude price for Asia

Tehran, IRNA - National Iranian Oil Company (NIOC) has increased the official price for different kinds of crude to export to Asian states.
Older than a year
Iran’s oil production reaches pre-sanctions level

Tehran, IRNA – Iran’s oil exports have seen a 40-percent rise and the capacity of oil production has reached pre-sanctions level despite sanctions and economic pressure, the CEO of National Iranian Oil Company (NIOC) said on Sunday.
Older than a year
South Pars Phase 11 gas production to start in Sept 2022: Official

Tehran, IRNA – Managing director of the National Iranian Oil Company (NIOC) emphasized that starting of production of South Pars Phase 11 is among NIOC’s priorities, and said that by replacing a Phase 12 platform and in order to accelerate Phase 11’s production, that phase’s production will start in September 2022.
Older than a year
NIOC, PetroPars ink a deal to develop Farzad B gas field

Tehran, May 17, IRNA - Masoud Karbasian, CEO of National Iranian Oil Company, announced that the NIOC signed a deal worth 1.78 billion dollars with the Petropars Oilfield Services Company to develop Farzad B gas field in the South Pars/North Dome field.
Older than a year