Iran News

PEDEC Priorities Outlined

The CEO of Petroleum Engineering and Development Company (PEDEC) outlined the company’s priorities in the new Iranian calendar year which starts on March 21. According to PEDEC, Touraj Dehghani said accelerating the development of joint oil fields was top on PEDEC’s agenda in the new Iranian year. He said, “This year, given the special conditions that existed in the country, ...

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Domestic Experts Build Major Oil Processing Structures

The CEO of the National Iranian South Oil Company (NISOC) announced completion of the second sulfur removal tower to be installed at Maroon Oil and Gas Production Company. According to NISOC, the structure was fully designed, engineered and constructed in Iran, and is to be installed at the Industrial Complex No. 3 of Maroon Oil & Gas Production Company. Ahmed ...

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The 6th Iran Drilling Congress and Exhibition was held in IRIB Int’l Conference Center

The 6th Iran Drilling Congress and Exhibition was held in IRIB Int’l Conference Center The 6th Iran Drilling Congress and the third Iran Exploration and Production Congress and Exhibition and was held in February 23 & 24, in IRIB Int’l Conference Center, in Tehran, Iran, with the participation of more than 1,200 managers, experts and decision makers, from Iranian oil ...

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US Pressuring Riyadh to Push Down Oil Prices: Iran

by: Reza Zandi He also mentioned recent actions by the US, and added: “[The] United States has also introduced an act called NOPEC in order to blackmail OPEC which the members will stand against it.” Kazempour Ardebili in sight of Saudi goals also added: “Saudi Arabia is trying to win points with Russia in order to align them with their ...

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NIOC CEO Appoints NICO Vice-Chairman

Mr. Kardor signed off on a letter replacing Majid Hedayat Zadeh Razavi with Mr. Pourebrahim as NICO CEO. “In view of the sensitivity and importance of the company, it is necessary to take the necessary steps to restore and revitalize its role at the international level and given the increasing necessity for bringing about financial discipline in the company, do ...

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Sanctions not affecting Iran Oil Output: NISOC

According to the company, Bijan Alipour said, “US withdrawal of the Joint Comprehensive Plan of Action (JCPOA) and sanctions of foreigners do not impact Iran’s crude oil production.” Addressing a meeting with NISOC’s senior officials, Alipour said the company has been able to restore the country’s production capacity to the pre-sanctions setting. source: www.shana.ir

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NIOC CEO Appoints PEDEC Chairman

Mr. Kardor issued a decree on Saturday, replacing Norredin Shahnazizadeh, with Mr. Dehghani. Completing development projects in the West Karoon region, resolving contractual issues with developers and focusing on the development of the joint oil fields in the region are some of the tasks Kardor has entrusted Mr. Dehghani with by the decree. source: www.shana.ir

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‘Total Has 60 Days to Negotiate Sanctions Waiver with US’: Zangeneh

The United States withdrew from the Iran nuclear deal on May 8 and said it would reinstate sanctions on Tehran. Following a Tuesday meeting with the Iranian parliament’s energy committee, Mr. Zangeneh said the Iranian Ministry of Petroleum and the Parliament’s Energy Committee were in agreement to overcome the current difficult conditions of the country. “The Petroleum Ministry and the ...

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