Archive News

Assaluyeh, March 30(Shana) — Iranian Minister of Petroleum Bijan Zangeneh says the new Iranian calendar year (began March 21) will be an “exceptional” year for Iran’s petroleum and petrochemical industries as several major projects are scheduled to come on-stream during the year. “This year, Iran will launch historic projects in the oil and petrochemical sectors that will be unprecedented in ...

TEHRAN, March 29 (Shana) — Iran’s National Iranian Oil Company (NIOC) and Russia’s energy giant, Gazprom, signed a memorandum on gas cooperation. The memorandum was signed in the Kremlin where Iranian President Hassan Rouhani met his Russian counterpart Vladimir Putin on Tuesday. Iran and Russia signed 14 cooperation documents on various grounds including political, economic, legal, judiciary, scientific and cultural ...

Moscow, March 29 (Shana) — Tehran and Moscow intend to increase the volume of their annual trade exchanges to 10 billion dollars, President Hassan Rouhani says. President Rouhani made the remarks Tuesday evening during a dinner banquet with Iranian nationals living in Russia, IRNA reported. “It takes several years for the people to know all the aspects of the Joint ...

TEHRAN, March 28 (Shana) — Iranian Minister of Petroleum Bijan Zangeneh accompanied President Hassan Rouhani in his Moscow visit. President Hassan Rouhani, heading a high ranking delegation, arrived in Moscow on Monday for a two-day official visit to Russia. Upon his arrival, the Iranian president and his entourage were welcomed by Russian officials at the airport, IRNA reported. Accompanied by ...

The 4th international Iran drilling congress was held at IRIB Int’l Conference center at 18 & 19 February 2017:

STAVANGER, Norway — Repsol Norge AS is the operator for production license 705 in the Norwegian Sea. The Petroleum Safety Authority Norway (PSA) has given Repsol consent to drill exploration well 6705/7-1 in a prospect named Stordal. The well‘s geographical coordinates will be: 67° 15′ 05.14″ N 05° 10’ 29.12″ E The drilling site is in the deep-water section of ...

HONG KONG (Bloomberg) — Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC. Europe’s appetite for natural gas will probably meet or even exceed last year’s growth as the region needs to replenish its lowest gas storage levels since 2013, according ...

HOUSTON — McDermott International, Inc., announced today a contract award from Hess Corporation for subsea tie-back work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. “This marks our first project with Hess Corporation in recent history and we look forward to providing industry-best operational excellence, quality and safety,” said Scott Munro, McDermott’s V.P. for Americas, ...

TEHRAN, March 05 (Shana) – Iranian President Hassan Rouhani said Tehran is ready to swap oil and petroleum products with Azerbaijan, expressing hope for further cooperation between the two neighboring countries. The Islamic Republic of Iran and the Republic of Azerbaijan signed two memoranda of understanding (MoUs) for expansion of bilateral cooperation on Sunday in Tehran in the presence of ...

TEHRAN, March 05 (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says Tehran is interested in joining the South African crude oil market. Speaking following a meeting with visiting South African Energy Minister Tina Joemat-Pettersson in his Tehran office on Saturday, the official said Iran is ready to send crude oil cargoes to South Africa. He said selling crude oil ...