Tag Archives | Austria

Austrian Company signs Study Deal with IDRO

The Industrial Development & Renovation Organization of Iran (IDRO Group) has signed a deal with Austria’s HOT Engineering for carrying out studies on Susangerd Oilfield in Iran. The group had previously signed a cooperation deal with the National Iranian Oil Company (NIOC) for developing the field. The document entails putting together a master development plan […]

Isfahan hosts Iran-Austria Energy Committee

Iran’s central city of Isfahan hosted the 4th Iran-Austria Energy Committee on Tuesday, November 21, 2017. The event was held in line with the Iran-Austria economic cooperation roadmap for a 5-year period (2016-2020). The Iranian delegation attending the committee was headed by Hossein Esmaeili, director of Europe, US and Caspian Neighbors Department of the Iranian […]

Singapore Firm signs deal to Study Iran Oilfield

The National Iranian Oil Company (NIOC) and Singapore’s Berlanga signed a memorandum of understanding (MoU) for the latter to start studies on development of Iran’s Dalpari Oilfield. The deal was signed by Gholamreza Manouchehri, NIOC deputy managing director for development of engineering, and Shyngys Kulzhamov, director of Berlanga UK, in Tehran on Wednesday. West Oil […]

Iran, Austria Discuss Closer Trade Ties

Head of Iran’s Chamber of Commerce Gholam Hossein Shafei and Austrian Ambassador to Tehran Stefan Scholz exchanged views about ways to promote bilateral relations between Tehran and Vienna in diverse fields, economy in particular. Speaking at the meeting, held in Tehran on Tuesday, Shafei said Iran’s relations with Austria have been special compared to its […]

Iran Market Great without American Rivals: Europe Firm

A senior executive with an Austrian engineering company says they would welcome an Iranian oil and gas industry market without American rivals. Speaking to Shana on the sidelines of the 1st Austrian Technology Transfer Symposium for Enhanced Oil Recovery by Using Treated Water here in Tehran, the Managing Partner of SONNEK Engineering Company DL Werner […]

Tehran Chamber of Commerce opens London Office

An office of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has been opened in London to attract foreign investment in the Islamic Republic. Speaking at the inauguration of the office, the head of the TCCIMA, Masoud Khansari, said following the 2015 nuclear deal between Tehran and six world powers, also known as […]

Austria Signs Major Finance Deal with Iran

Austria’s Oberbank has signed a credit deal with Tehran to boost exports to Iran, the first European lender to do so since anti-Tehran sanctions were lifted following the 2015 nuclear deal between the Islamic Republic and world powers. Oberbank said the framework agreement will finance Austrian investment projects in Iran’s infrastructure, healthcare and plant construction […]

Austrian Bank to Finance Iranian Deals

By John Lee. Austria’s Oberbank will reportedly provide credit for Austrian companies doing business in Iran. Chief Executive Franz Gasselsberger (pictured) told Reuters that the deal will be signed at ceremony on 21st September at its headquarters in Linz, adding that he has “very concrete projects in the fields of infrastructure, rail, health, hospital construction, […]

Austrian Firm opens Iranian Solar Park

By John Lee. Austria’s KPV Solar GmbH has this week connected its first Iranian solar power station to the network. The 1.2 MW plant (pictured) in Rafsanjan, Kerman province, was planned and installed within six months. According to a report from PV Magazine Deutschland, the development will be paid 0.12 euros per kilowatt-hour over 20 […]

JCPOA Meeting Kicks Off in Vienna

The eighth session of the JCPOA joint commission, a group tasked with monitoring commitments to a nuclear deal between Tehran and six world powers, started work in the Austrian capital, Vienna on Friday. Representatives from Iran, the Group 5+1 (Russia, China, the US, Britain, France and Germany) and the European Union gathered in Vienna to […]

West Karoun Oil Production to reach 368,000 bpd

Iran currently produces 290’000 barrels of crude oil per day, the figure which is going to witness an increase of 78000 barrels bpd, the managing director of Iran’s Petroleum Engineering and Development Company (PEDEC), Noureddin Shahnazizadeh said. Holding a press conference for the latest achievement of the West Karoun oil fields, Shahnazizadeh mentioned that the […]

Tehran, Vienna See Oil, Energy Cooperation Opportunities

Austrian finance minister met Iran’s minister of petroleum in his Tehran office to discuss cooperation avenues in oil and gas projects. Hans Jorg Schelling met Iranian Minister of Petroleum Bijan Zangeneh in Tehran on Sunday at the head of a high-profile economic delegation. Also accompanying Mr. Schelling was Austrian Ambassador to Tehran Friedrich Stift. Enhancing […]

Austria Seeks Tax Agreement with Iran

Austria’s Minister of Finance Hans Jorg Schelling said his country is seeking to sign a double taxation agreement with Iran. In a meeting with Iran’s foreign minister in Tehran on Sunday, Schelling said he has visited Iran with the purpose of boosting bilateral economic and financial relations. Voicing Austria’s eagerness to develop joint training programs […]

Band Karkheh Oilfield back again for Development

Executive manager of the project to develop Band Karkheh oilfield announced that OMV, the international, integrated oil and gas company based in Vienna, will begin developing the oilfield in the near future. Fars News Agency quoted Alireza Zamani as saying on Tuesday, “The OMV will soon start development activities in Band Karkheh oilfield.” Noting that […]

Gazprom Neft, OMV to Cooperate on Iranian Projects

At the St. Petersburg International Economic Forum, Gazprom Neft signed a Memorandum of Understanding with OMV Aktiengesellschaft. The document, which describes the mutual interest projects in the oil and gas industry, was signed by First Deputy General Director of Gazprom Neft Vadim Yakovlev and OMV Executive Board member responsible for Upstream, Johann Pleininger. The agreement […]

NIOC Finalizing Deal with OMV

The National Iranian Oil Company (NIOC) is in the final phase of talks with OMV to sign a contract to sell 40,000 barrels of oil per day to the Austrian oil and gas company, the NIOC chief said. “The prospective agreement will help Tehran pay its outstanding debt to OMV,” Ali Kardor was quoted as […]

Austrian Airlines to offer Flights to Shiraz

Starting on July 2, 2017, Austrian Airlines will take off four times a week to the Iranian city of Shiraz. The airline will serve this route Vienna-Isfahan-Shiraz, leaving Vienna on Mondays, Wednesdays, Fridays and Sundays to make an interim stopover in Isfahan. In addition to existing services of up to 14 weekly flights to Teheran […]

Austrian Oil Firm signs Iran Agreement

Austrian oil and gas company OMV has signed a Memorandum of Understanding with Dana Energy, a “leading Iranian company targeting oil and gas upstream field development activities“. The parties agreed to evaluate possible upcoming development and re-development projects in the Iranian oil and gas industry. The document was signed in Vienna by S. Mostafa Khoee, […]

Iran Approves 29 Int’l Companies for Oil Projects

Iran’s oil ministry has certified 29 international companies to bid for oil and gas projects in the country under its new format of oil contracts. According to the report by the oil ministry’s news website Shana, 29 companies, including Shell, France’s Total, Italy’s Eni, Malaysia’s Petronas and Russia’s Gazprom and Lukoil, as well as companies […]

NISOC, Pergas sign Agreements for Oilfield Studies

The National Iranian South Oil Company (NISOC) and the international Pergas consortium have signed a Memorandum of Understanding (MoU) and Non-disclosure Agreement (NDA) to study the Karanj and Shadgan oil fields. Speaking on the sidelines of the signing ceremony, NISOC Managing Director Bijan Alipour said his company will sign a number of cooperation deals with […]