Tag Archives | Austria

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 […]