Via BNA Intellinews, a report that Iran and Iraq are teaming up to develop the Masjed Soleyman field: Iran has signed what it calls “the biggest deals in a decade” to develop six oil fields in the south and the west, a week after entering into $20bn contracts to boost pressure in the colossal South Pars […]
Read more »Via The Financial Tribune, a report on contracts recently signed by the National Iranian Oil Company to develop eight fields: The National Iranian South Oil Company, the Iranian Offshore Oil Company and Iran Central Oil Fields Company — all subsidiaries of the National Iranian Oil Company – signed contracts with domestic oil and gas firms […]
Read more »Via The Wall Street Journal, a report on Iran’s discovery of an estimated 50 billion barrels of crude oil, a discovery almost as big as the U.S.’s proved reserves of 61.2 billion barrels: Iran’s president Hassan Rouhani said Sunday that a new giant oil field had been discovered in the country’s south. With an estimated […]
Read more »Via Tasnim News, a report on the discovery of a new major gas field in southern Iran: The deputy head of the National Iranian Oil Company (NIOC) announced that a massive gas field has been discovered south of the country. Speaking to reporters in Tehran on Sunday, Reza Dehqan said the huge gas field named […]
Read more »Courtesy of the Wall Street Journal, a report on the decision to replace the National Iranian Oil Company’s managing director comes amid tension within government over how to handle return of foreign investment: Iran replaced the head of its state-oil company on Sunday amid tension within the government over how to handle the return of foreign […]
Read more »Via the Fars New Service, a report that the National Iranian Oil Company (NIOC) has discovered two new oil fields. As the article notes: “We will release the detailed information of these two new oil fields by the end of the current (Iranian) year (ending March 20),” Mohaddes told reporters in Tehran on Wednesday. He […]
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