Iranian President Hassan Rouhani ordered start of the jacket installation in the Block-B reservoir of South Pars gas field ‘s phase 11 of development via video conference on Thursday, Shana reported.
News ID: 9591 Publish Date : 2020/05/24
The start-up of Nigeria's biggest new oil development since 2012 should underpin an output boost for west Africa's largest oil producer this year, but breaking a log jam on deepwater investment decisions will require a clearer political outlook.
News ID: 3189 Publish Date : 2019/01/07
The United States has granted BP and Serica Energy a new license to run a North Sea gas field partly owned by Iran in a rare exemption by US President Donald Trump’s administration as it prepares to renew sanctions on Tehran next
News ID: 2401 Publish Date : 2018/10/10
Brazilians will go to the polls to elect a new president Sunday, but the lack of a clear frontrunner means an uncertain future that has dampened much of the optimism in the country's oil and natural gas industry since mid-2016.
News ID: 2372 Publish Date : 2018/10/05
Federica Mogherini, the European Union’s foreign policy chief, said a so-called "Special Purpose Vehicle" under consideration to facilitate trade with Iran could be in place “before November”.
News ID: 2296 Publish Date : 2018/09/29
Iranian firms have the capacity to provide up to 70% of equipment needed by South Pars Phase 11, which is due to be developed by France’s Total and its partners, chairman of the board of directors of Iranian Petroleum Industries Equipment Manufacturers Association said.
News ID: 1948 Publish Date : 2018/02/15
Fitch Ratings says Shell, Total and British Petroleum are adjusting their operations to match the realities of an under-$60-barrel price in the long run, according to a new report by Forbes.
News ID: 1933 Publish Date : 2018/02/13
With years of austerity in their rear-view mirrors, the world’s biggest oil companies are locked in a contest to lure investors with promises of growth and greater rewards.
News ID: 1932 Publish Date : 2018/02/13
Iran's landmark gas deal with French energy firm Total is moving ahead, Oil Minister Bijan Namdar Zanganeh said in a statement, lending confidence to the country's biggest energy contract since the lifting of sanctions in Jan. 2016.
News ID: 1831 Publish Date : 2018/01/21
Iran is ready to build the onshore stretch of a major gas pipeline project that would transfer natural gas from the Persian Gulf to Oman south of the Sea of Oman, the chief executive officer of the National Iranian Gas Company said.
News ID: 1797 Publish Date : 2018/01/15
The National Iranian Tanker Company has signed over 200 leasing contracts for its vessels in two years since international economic curbs were lifted, the company's chief executive officer said.
News ID: 1740 Publish Date : 2017/12/29
Iran could export its first liquefied natural gas cargo from the Persian Gulf as early as next year, if it presses ahead with its proposed floating LNG production project.
News ID: 1564 Publish Date : 2017/11/20
French businesses and foreign and finance ministry officials will meet next week, as they work together to understand better the consequences of US President Donald Trump’s refusal to certify the 2015 Iran nuclear deal.
News ID: 1458 Publish Date : 2017/10/22
Iran aims to finalize and implement about $5 billion worth of projects to raise production from its crude oil and natural gas fields, Oil Minister Bijan Namdar Zanganeh said on Tuesday.
News ID: 1407 Publish Date : 2017/10/11
Crude oil production from the giant South Azadegan field near the Iraqi border has increased by 22,000 barrels per day.
News ID: 1361 Publish Date : 2017/09/27
Iranian officials on Sunday spoke of new investments in the economy and ambitious production targets in a petrochemical industry that is seen as Iran's most profitable sector after oil and gas.
News ID: 1343 Publish Date : 2017/09/25
An unnamed Iranian company will build the first jacket platform for South Pars Gas Field's Phase 11 in the Persian Gulf, the head of the Society of Iranian Petroleum Industry Equipment Manufacturers said on Tuesday.
News ID: 1322 Publish Date : 2017/09/20
Iran has increasingly expanded its footprint in the European oil market since last year's lifting of sanctions, with ports and terminals in Europe taking in nearly 35% of Iranian crude exports.
News ID: 1313 Publish Date : 2017/09/17
The new model of Iran's oil contracts is clear on all grounds, but there is still some ironing out to do over the terms of collaboration with foreign companies on raising the recovery factor in oilfields, the managing director of National Iranian Oil Company said.
News ID: 1293 Publish Date : 2017/09/13
Qatar and Iraq are extracting the lion’s share of joint oil and gas reserves and further procrastination and lack of consensus among policymakers will impose heavy financial losses
News ID: 1252 Publish Date : 2017/09/03