Development News in Iran

Pergas Drafting Proposal for 2 Khuzestan Oilfields
5/15/2017 - Pergas Consortium will submit its master development plan proposal to the National Iranian Oil Company to develop Shadegan and Karanj oilfields in the southern oil-rich province of Khuzestan by July, ...
Integrated Management Results in South Pars Fruition
5/8/2017 - We were able to break record of 500 million cubic meters in production sector last year, and we were also able to spend only $70 billion out of $90 billion budget intended for developing south pars fi...
Total to Finalize South Pars Deal Within Weeks
4/24/2017 - Iran says it expects France’s Total to finalize an agreement over the development of a key natural gas project in the country’s south in less than a month. ...
BP Authorized to Operate Rhum Gas Field with Iran
4/8/2017 - BP and Iran’s state-run oil company received a license from the US Treasury last year to operate their joint gas field in the North Sea following the lifting of international sanctions on Tehran, BP s...
Azadegan Oil Project Tender Soon
3/15/2017 - “Companies ready for tenders are shortlisted and a competitive tender for choosing developers of the Development Project of Azadegan Oilfield will be held soon,” Iranian Minister of Petroleum, Bijan Z...
Deputy Managing Director Visiting Azar Oilfield
3/11/2017 - Seyed Nurodin Shahnazizadeh, PEDEC’s managing director and chairman of the Board, visited the Development Project of Azar Oilfield on Tuesday, March 07, 2017, on the eve of the early production from t...
Iran May Award Kish Deal to Shell
3/7/2017 - Iran says it may start negotiations with global energy giant Shell over the development of Kish gas field which holds the country’s largest reservoirs of natural gas after South Pars. ...
Final Iran Project Investment Decision Depends On US Waiver Renewal
2/9/2017 - French oil major Total plans to make a final investment decision on a $2 billion gas project in Iran by the summer, but the decision hinges on the renewal of U.S. sanctions waivers, the company's chie...
Total to Develop South Pars Phase 11
2/4/2017 - Frances giant Total has already set in motion its plans to develop Irans energy projects, a move that would probably make other global known energy firms uncertainty away about the prospects for makin...
OMV and Iranian Dana Energy Sign MoU
1/25/2017 - OMV and Dana Energy Company, a leading Iranian company targeting oil and gas upstream field development activities, have signed a Memorandum of Understanding. The parties agreed to evaluate possible u...
NIOC to Hold South Azadegan Tender Soon
1/21/2017 - The National Iranian Oil Company (NIOC) says it will hold a tender for developing South Azadegan oilfield in the near future. ...
Japan's Inpex In Running To Develop Major Iran Oilfield
1/4/2017 - Japan's Inpex Corp is in the running to develop a major oilfield in Iran, Kyodo News reported on Wednesday, as Tehran looks to aggressively ramp up crude output following the lifting of sanctions. Jap...
South Pars Phase 13 First Tripod & Deck Installed
12/27/2016 - As reported by public relations of pars oil and gas company(pogc), Payyam Motamed, the director of development plan for phase 13, announced that tripod and flare deck of the phase 13 platform weighing...
Chinese Firms Compete over Iran Oil Fields
12/26/2016 - Chinese firms which are eyeing to be granted with the development of the country’s oil fields, as they were also involved in carrying out the development of the initial phases of two major oil fields,...
Iran to Invite 20 Oil & Gas Tenders
Iran to Invite 20 Oil & Gas Tenders 12/25/2016 - ICOFC managing director has announced that 20 projects for development of oil and gas fields or enhancement of oil recovery will be put out to tender. ...
61 Companies Keen to Cooperate with NISOC
12/13/2016 - NISOC Technical Affairs Manager said, 61 domestic and foreign companies have expressed their readiness to cooperate with National Iranian South Oilfields Company regarding developing oilfields accordi...
OMV Keen on Joining Iran Oil Projects
12/11/2016 - Ervin Kroell, senior vice-president of OMVs Middle East and Caspian Department, said his company is interested in joining development projects in Iran. ...
Shell to Sign Initial Iran Oil & Gas Development Deals
12/7/2016 - Royal Dutch Shell will sign initial agreements to develop Iranian oil and gas fields, an Iranian official said, the first deal by the world's second biggest listed oil firm in Iran since sanctions wer...
DNO Signs MoU to Develop Iran's Changuleh Oil Field
11/16/2016 - DNO ASA, the Norwegian oil and gas operator, today announced the signing of a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study concerning the developme...
Farzad B Economic Development Model to Finalize
11/7/2016 - The economic development model of “Farzad B” gas field would be finalized in November 2016. The general manager of Pars oil and Gas Company claimed that the Indian ONGC will make the economic developm...

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