Development News in Iran

Karanj Development Negotiations to Be Finalized Next Month
12/19/2017 - Managing director of the National Iranian South Oil Company declared that a contract for the development of the Karanj oil field will be finalised until next month and the contract of Shadegan oil fie...
Gazprom Neft & OIEC Present Plans to Develop Iran Fields
12/19/2017 - Russia's Gazprom Neft and the Oil Industries' Engineering and Construction (OIEC) presented to the National Iranian Oil Company (NIOC) their proposals for developing Iran's Azar and Changouleh oilfiel...
International Cooperation in Developing Homa Gas Field
12/18/2017 - “Research Intitute of Petroleum Industry” (RIPI) has signed a deal with France's Beicip-Fran-Lab for bolstering cooperation in holding studies on Iran's Homa gas field. ...
Signature of SP 11 Subcontracts before March 2018
12/18/2017 - Operator of phase 11 of the supergiant South Pars Gas Field said the subcontracts of the project will be signed with developers by the end of the current Iranian calendar year to March 20 2018. ...
Key Oil Players Presented Azadegan Plans
12/17/2017 - Several leading oil and gas players have submitted the results of their studies over the development of one of its biggest oil prospects – Azadegan oil field. ...
10 Oil/Gas Fields Up for Development
11/29/2017 - Signature of contracts for the development of 10 oil and gas fields is a top priority of Iran"s Ministry of Petroleum. This issue was highlighted by senior Iranian officials at the closing ceremony of...
SP13 First Boiler Operated
11/25/2017 - South pars development phase 13 first boiler was operated by Mapna Group to produce steam in the unit 121 of refinery. ...
Rosneft & National Iranian Oil Company Sign Oil and Gas Strategic Cooperation Agreement
11/1/2017 - During the visit of the Russian President Vladimir Putin to the Islamic Republic of Iran Rosneft Oil Company and National Iranian Oil Company signed the “Road Map and Key Terms of Strategic Cooperatio...
Iran & Russia Ink 6 Oil MoUs
11/1/2017 - Iran and Russia has signed 6 oil memoranda of understanding (MoUs) in Tehran, the Iranian deputy petroleum minister for international affairs and trading said. ...
Three-Stage Targeting in South Pars Development Plan
10/22/2017 - Development and engineering deputy of National Iranian Oil Company (NIOC) announced three-stage targeting to complete the remaining phases of south pars by March 2019. ...
South Pars Development Process Reaches 85%
10/21/2017 - “South pars development plan has reached 85 percent of progress and the remaining 15 percent will be finished in the next one year and a half”, managing director announced. ...
Italian Energy Giant Signs Gas Deal with Iran Firms
10/20/2017 - Italy"s Ansaldo Energia has signed a memorandum of understanding (MoU) with several subsidiaries of the National Iranian Oil Company (NIOC) for converting flare gas into electricity at the supergiant ...
Iran Ready to Negotiate with all Oil Companies
10/18/2017 - Iranian Minister of Petroleum Bijan Zangeneh voiced Iran"s readiness to enter into talks with all oil companies including American ones for developing oil and gas projects. ...
Pergas Submits Proposal for Developing Irans Karanj Oilfield
10/18/2017 - Pergas Consortium, a group of international oil and gas companies, submitted its development proposals for Karanj Oilfield, a reservoir in Khuzestan Province. ...
Iran's Azadegan Oil Field Tender Delayed to 2018
10/10/2017 - A tender for developing Iran’s Azadegan oil field has been delayed again, a senior Iranian oil official said on Tuesday, adding that it will not take place in 2017. ...
Shell, NIOC Meet to Confer Development of Iran Gas Field
10/5/2017 - Anglo-Dutch oil giant Royal Dutch Shell met with officials from the National Iranian Oil Company (NIOC) to discuss the development project of Iran"s Kish gas field. ...
NIOC & Dana Energy Signed a MoU for Sepher & Jufair Development
9/26/2017 - NIOC and Dana Energy Company signed a Memorandum of Understanding (MoU) this morning, 25th September 2017, for development studies on two oilfields (Sepher & Jufair) located in Khuzestan, Iran. The Mo...
Iran Secures $10 Billion Chinese Funding
9/15/2017 - China’s CITIC Trust signed a 10-billion-dollar deal with five Iranian banks on Thursday to fund development and production projects in Iran, the official website of Central Bank of Iran (CBI) reported...
Russian Companies Submit Plans to Develop Iran Oil Fields
9/6/2017 - Russian energy companies Zarubezhneft, Gazprom Neft and Lukoil have submitted plans to the National Iranian Oil Company (NIOC) to develop oil fields in Iran. ...
Iran, India Probably Part Ways on Farzad B
9/6/2017 - Iran has started preliminary talks with Russians to develop Farzad B but negotiations also carry on with the Indians who have long coveted the giant gas field, Iranian Oil Ministry stated. ...

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