The monitoring center of the National Iranian Oil Company (NIOC) was officially inaugurated in a ceremony attended by the outgoing Oil Minister Bijan Namdar Zanganeh on Sunday, Shana reported.
The director of the Goreh-Jask oil transfer project’s storage tanks said that according to the planning done for Makran region, 10 million barrels of storage capacity will not definitely meet the need in the future, so increasing storage capacity in the second and third phases is inevitable.
National Iranian Drilling Company (NIDC) has allocated 5.2 trillion rials (about $123.8 million) for the renovation and upgrading of its drilling rigs and equipment in the company’s operational, technical, specialized, and logistical departments.
As Vienna nuclear talks between Iran and world powers show signs of progress, the National Iranian Oil Company (NIOC) is also getting prepared for boosting the country’s oil output to pre-sanction levels or even higher.
Iran's Ambassador to La Paz Morteza Tafreshi has met with Bolivian Minister of Hydrocarbons and Energy Franklin Molina Ortiz, to discuss the resumption of energy cooperation between the two countries, IRNA reported citing Bolivia’s El Deber Newspaper.
Managing Director of Iran’s Khazar Exploration and Production Company (KEPCO) has said new research shows that huge gas reserves could be laid beneath Iran’s northeastern Gorgan plain, Shana reported.
National Iranian Oil Company (NIOC) has taken all the necessary measures and is ready for boosting oil output to the pre-sanctions level within a month, a senior official with the company announced.
Vice President of Russia’s giant Lukoil Company has said Iran is able to quickly boost its oil output to six million barrels per day (bpd) if the U.S. sanctions are lifted, Russian state-owned Tass reported.
Iranian Oil Minister Bijan Namdar Zanganeh has said Iran is ready to return to the oil market as soon as the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is revived and the U.S. sanctions are lifted, Shana reported.
National Iranian Oil Company (NIOC) has awarded the development study of Azadegan oil field to five domestic companies, Shana reported.