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Managing Director of the North Drilling Company (NDCO) said the company is ready to erect five more offshore rigs in the Persian Gulf oil field following launching of Sahar-2 rig in Salman field which Iran shares with UAE. Speaking at the signing ceremony of Sahar-2 leasing agreement between NDCO and Iranian Offshore Oil Company (IOOC), Ezatollah Hejazi said that the ...

Senior officials of Iran and Indonesia signed an agreement on cooperation in the areas of oil, gas and petrochemicals. An Iranian delegation left to Indonesia on Tuesday to participate in the first economic commission meeting on oil, gas, and petrochemicals held between the two countries, IRNA reported from Kuala Lumpur. The agreement was reached between Director General for Asia and ...

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First Vice President Eshaq Jahangiri said that Iran needs hundreds of billions of dollars in investment to develop its offshore oil and gas reservoirs which include joint fields with neighboring countries.   “In the Persian Gulf, which if rich with oil and gas resources, lies the important South Pars reservoir shared between Iran and Qatar which is world’s largest gas ...

We can Provide every information & statistics that you need in Detail and comprehensive information about iran’s drilling industry. You can tell us excatly the information that you need and we provide it to you with the special cost. Some of this information is in below: General Technology Services Contract Supply & demand Market share Activity by Region & Location We ...

Managing director of the National Iranian Oil Company (NIOC) promised all of the firm’s traditional and new customers over sustained supply to meet their needs.   Rokneddin Javadi told Shana that re-taking the lost quota in the international crude oil market is one of Iran’s post-sanctions challenges. “Unfortunately, Iran lost part of its export markets after deletion of the country ...

Managing Director of the National Iranian Oil Company (NIOC) Rokneddin Javadi foresees that Iran will be able to sign 10 to 15 billion dollars of the new petroleum contacts by next year.   “Signing does not mean attraction of (financial) resources,” he told Shana explaining that holding of tender offers and the process of revision, completion and drafting of the ...

A deputy head of National Iranian Oil Company (NIOC) said the new venue for holding Iran Petroleum Contract conference will be announced in the near future. Ali Kardor, who is NIOC deputy chief for investment, told Shana that the conference will be held in a foreign country. It was previously supposed to be held in London for three days beginning ...

Addressing an energy conference on Tuesday, he said $40m in investments is needed for developing the country’s oil industry under the plan. Zangeneh said Iran recovers 75% of its crude oil output from 8 or 9 fields that have been productive more than 60 years and their output is consistently diminishing. He said boosting production of oil is the chief ...

The most important expectation of Petroleum Industry is that foreign companies bring required technology and capital to our country; moreover, they can benefit from the maximum potential of Iranian companies which have flourished in recent years in projects and pave the way for the training of Iranian workforce and companies especially in the field of project management.   The investigation ...