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Abdoalsamad Rahmati The National Iranian Oil Company Oil and gas industry in any country is located in the center of the country’s economy. Therefore, multiple capabilities of oil in industrial fields have led developed countries toward achieving vast oil resources around the world. Furthermore, countries having these resources have realized the financial aspect of this material and are after earning ...

Reza Pakdaman International contracts expert Being an international industry is one of the main characteristics of world’s petroleum industry. Although other industries need to have international connections, but petroleum industry’s nature is international cooperation at all levels. Even in developed country’s petroleum industry with a robust science and financial support, there exist lots of companies from other countries. For example ...

A senior official with Iran’s Research Institute of Petroleum Industry (RIPI) says the country enjoys vast shale gas reserves in the western province of Lorestan.   Addressing a press conference in Tehran, Mohammad Reza Kamali, director of RIPI’s upstream faculty, said huge reserves of shale gas have been located in the region. He said the faculty is currently working on ...

Another round of job cuts has reportedly been announced to Odfjell Drilling’s workforce. Stavanger’s Aftenblad reported that around 200 employees would be given a pink slip over a contract loss for five Statoil’s installations offshore Norway. Further details about locations impacted by this decision are still unknown, but the Norwegian news website informed that the Norwegian section will be the ...

Iran’s petroleum minister said he expects the country to sign an energy MoU with South Africa. Bijan Zangeneh, after a meeting with Tina Joemat-Pettersson, his South African counterpart, expressed hope that the two countries will sign a memorandum of understanding (MoU). “It is expected that the two countries will sign an MoU on Sunday (April 24),” said Zanganeh. He said ...

Changouleh is one of the important oil fields in West Karoun region in southwestern Iran. Foreign companies have time and again shown interest in getting involved in development of this untapped field which Iran shares with neighboring Iraq.   Changouleh is one of the important oil fields in West Karoun region in southwestern Iran. Foreign companies have time and again ...

Iranian Minister of Petroleum Bijan Zangeneh says Tehran supports moves like the Doha conference which are aimed at tackling the consistent market volatility, saying that OPEC member “Iran has never had a role in the market instability”.   During a live radio interview, Zangeneh said certain oil-producing countries opposed lifting of sanctions on Iran right from the beginning and for ...

We publish the most comprehensive and up-to-date information on drilling permits, drilling activityand drilling offshore rig locations in the Iran. Our rig data reports and dataset products include complete contact details for drillers and operators, legal descriptions of wells, driving directions to working rig locations and so much more. You can  see some information of our package data(market share of ...

The companies latest fleet report confirms that Shell have awarded a 2 year extension for the Noble Hans Deul at the reduced rate which will take effect from August 2016. The contract was originally started in August 2014 and the extension secures work for the rig until August 2016. The new terms state: ‘The client has the right to early ...

Iranian Minister of Petroleum Bijan Zangeneh said Iran has signed a deal with European customers for the export of 0.7 million barrels per day. “The European Union regards Iran as a creditable and reliable partner for energy supply,” said the Iranian official following a meeting with European Union Commissioner for Climate Action and Energy Miguel Arias Canete here in Tehran ...