Development News in Iran

Petropars, Interoil Italia, PSEEZ Agree to Develop Oilfield in Iran
6/11/2016 - Iran’s Petropars, the Pars Special Economic Energy Zone (PSEEZ), and Italy’s Stinnes Interoil Italia Srl has cemented a deal to develop a new oil field in southern Iran, Petropars managing director sa...
Iran & India Agree to Develop Farzad B
5/26/2016 - Iran’s oil minister, BijanNamdarZanganeh, and his Indian counterpart signed a Memorandum of Understanding (MoU) on Farzad B field development planto be carried out by National Iranian Oil Company (NIO...
China to Offer North Azadegan MDP Next Week
5/25/2016 - Contractor of North Azadegan development plan said Chinese developers are to present the field’s master development plan (MDP) as soon as possible. ...
New Delhi Seeks to Run Operations of Iranian Oil Field
5/25/2016 - A new report says India’s largest oil company seeks to operate an Iranian oil field in the Persian Gulf. According to the Economic Times, Indian Oil Corp (IOC), has made a bid to operate and produce c...
Iran Prepares Ground for Development of Northern Oil Field
5/13/2016 - Required preparations for development of Sardar-e Jangal Oil Field based on the new oil and gas contracts have been done, Khazar Exploration and Production Company(KEPCO) Acting Managing Director Farh...
Petropars Negotiates Development of Oil Fields with German, French Partners
5/1/2016 - Petropars has already held several meetings with its German and French partners on development of oil fields and construction of refineries, Managing Director of Petropars Company Mohammad Javad Shams...
Gas Injection Breaks Record in Aghajari Oilfield
4/6/2016 - National Iranian South Oil Company has injected more than 54 mcm of gas during the second week of the New Year which is a record by itself in Aghajari oilfield. ...
Iran & India to Discuss Gasfield Development, Oil Deal
4/5/2016 - Iranian and Indian oil ministers are scheduled to meet in coming days in Tehran during which they are going to negotiate cooperation in the development of Farzad-B gas field, crude oil transaction, an...
Total and Iran Sign South Azadegan Agreement
3/24/2016 - French oil and gas firm Total has signed a confidential agreement with Tehran to develop Iran's South Azadegan oil field which it shares with Iraq, state-run Press TV reported on Thursday, quoting Oil...
Saipem Signs MoU Concerning Potential Cooperation for Projects in Iran
1/25/2016 - In the presence of the President of the Islamic Republic of Iran, Hassan Rouhani, and the Italian Prime Minister, Matteo Renzi, Saipem has entered into a Memorandum of Understanding (MoU) concerning p...
Daily Gas Injection of Oilfields up 25 mcm
1/19/2016 - Daily gas injection into oilfields has grown 25 million cubic meters (mcm) since June 22, 2015, compared to the figure for the year to mid-March 2015, said the production manager of the National Irani...
Iran May Award North Azadegan to China
1/3/2016 - Iran may award phase two of the North Azadegan oilfield to China for development, Minister of Petroleum Bijan Zangeneh says. ...
Iran to Sign $3 billion Gas Contract with Consortium of Indian Companies
12/6/2015 - Iran has agreed a $3 billion contract with a consortium of Indian companies to develop the Farzad B gas field in the Persian Gulf, according to the Mehr news agency. ...
ICOFC Introduces 14 Central Oil & Gas Fields to Foreign Investors
11/29/2015 - Iranian Central Oil Fields Company (ICOFC) introduced 9 oil fields and 5 gas fields for development investment located to the west of the country as part of proceedings of the Iran Petroleum Contracts...
Iran Offers 50 Oil Projects to Foreign Investors
11/28/2015 - Iran offered about 50 oil and gas projects to be developed by foreign investors with local partners under a new scheme it hopes will initially generate $25 billion in investments, state media reported...
Shell Delegation in Iran for Oil Talks
10/4/2015 - A delegation from global energy giant Royal Dutch Shell is visiting Iran for talks with the country’s oil officials. ...
Iran Signs Development of Esfandiar Oilfield
9/20/2015 - The Iranian Offshore Oil Company (IOOC) and a Norwegian-Austrian company have signed a preliminary agreement for the development of the offshore Efandiar field, IOOC Managing Director Saeed Hafezi say...
Main South Pars Phase Fully Operational
8/24/2015 - Managing director of Pars Oil and Gas Company (POGC) said Phase 12 development of the massive South Pars gas field is fully operational and is handed over to National Iranian Gas Company for managemen...
POGC Eyes 1st Phase 19 Refinery Train by Winter
8/22/2015 - Managing-director of Pars Oil and Gas Company (POGC) said the first refinery train of phase 19 development of the massive South Pars gas field will be operational by winter and will feed the national ...
Japan Can Return to Iran’s Azadegan
8/17/2015 - Japanese companies could return to a development project in the South Azadegan oilfield in southwest Iran, Kyodo News has quoted a senior Iranian energy official as saying. ...

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