Tag Archives | National Iranian South Oil Company (NISOC)

NISOC signs Major Gas Deals with PGPIC, Maroon Petchem

The National Iranian South Oil Company (NISOC) signed two contracts, totally valued at $1.2 billion, with the Persian Gulf Petrochemical Industries Company (PGPIC) and Maroon Petrochemical Company for gathering associated gases in East Karoon area. The deals was signed on the sidelines of inauguration of some petrochemical projects in Asaluyeh, southern Iran, on Tuesday. The […]

MAPNA Group Awarded Major Oil Projects

The National Iranian South Oil Company (NISOC) has signed a heads of agreement with MAPNA Group for the development of Parsi and Paranj [Karanj?] oilfields in the southwestern province of Khuzestan. The document was signed on Monday, August 6, by NIOSC CEO Bijan Alipour and Mojtaba Gharavi, director of MAPNA’s oil and gas section. MAPNA […]

$6bn Oil Projects for Domestic Contractors

A senior Iranian oil official said the country was planning to entrust 6 billion dollars’ worth of enhanced oil recovery and production sustainability projects to domestic companies. Gholamreza Manouchehri, deputy CEO of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs, said once NIOC’s 34 working packages valued at $6 billion become operational, […]

NISOC Plans Tenders for 11 Investment Packages

The CEO of the National Iranian South Oil Company (NISOC) said the company had received the permits for holding listening rounds for 11 investment packages aimed at developing 28 oil reserves in southern Iran. Speaking on Monday, Bijan Alipour said his company, which contributed to over 80% of Iran’s crude oil output, had defined 29 […]

NISOC, Pergas Sign Deal to Developing Iran Oilfield

The National Iranian South Oil Company (NISOC) and Pergas Consortium have signed a heads of agreement on Wednesday for developing Iran’s Karanj Oilfield under the newly-devised model of oil contracts. The document was signed in Tehran in a ceremony that was held with Iranian Minister of Petroleum Bijan Zangeneh, NISOC CEO Bijan Alipour, British Ambassador […]

TATNEFT Presents Result of Studies on Iran Field to NISOC

Russia’s oil giant Tatneft has submitted the result of its studies on Iran’s Shadegan oilfield to the National Iranian South Oil Company (NISOC). The two majors signed a memorandum of understanding (MoU) for developing the field in March. Besides Tatneft, NISOC has signed similar documents with other companies for developing the field. The Shadegan oil […]

Zarubezhneft submits Study Result on Iran Oilfield to NISOC

Russia’s Zarubezhneft submitted the result of its studies on Iran’s Shadegan Oilfield to National Iranian South Oil Company (NISOC). Hamid Deris, the NISOC’s director for technical affairs, said his company has so far signed 5 memoranda of understanding (MoUs) with several companies for development of the field of which 3 have so far presented their […]

Fate of 2 Oilfields Determined before March 2018

An official with the National Iranian South Oil Company (NISOC) said negotiations with the potential developers of Iran’s Karanj and Shadegan oilfield will conclude by the end of the current fiscal year to March 20 2018. Hamid Deris, director of NISOC technical affairs, said NISOC experts are satisfied with the proposals submitted to the company […]

Iran Plans $3bn Investment to Develop 10 Oil Reserves

The National Iranian South Oil Company (NISOC) is planning a $3 billion investment for developing 10 oil reserves in the country within the next two years. An NISOC official, Abdollah Mousavi, said the company will dip into the National Development Fund of Iran for funding the projects. Addressing the closing ceremony of an exhibition on […]

Pergas Submits Proposal for Developing Irans Karanj Oilfield

Pergas Consortium, a group of international oil and gas companies, submitted its development proposals for Karanj Oilfield, a reservoir in Khuzestan Province. Bijan Alipour, managing director of the National Iranian South Oil Company, made the statement on the sidelines of a meeting with Pergas officials, including Colin Rowley, in Tehran on Tuesday, the National Iranian […]

NISOC to Decide Fate of 2 Oilfields by March 2018

The managing director of National Iranian South Oil Company (NISOC) said the company is planning to develop 4 oilfields in Iran, adding the fate of two of the fields will be determined by the end of the current calendar year to March 20 2018. Bijan Alipour said NISOC is considering development of Karanj, Parsi, Rag […]

Russian Companies Submit Plans to Develop Iran Oil Fields

Russian energy companies Zarubezhneft, Gazprom Neft and Lukoil have submitted plans to the National Iranian Oil Company (NIOC) to develop oil fields in Iran. Zarubezhneft representatives outlined their plans to increase the recovery rate of oil from the Aban and West Paydar fields, Iran’s Ministry of Petroleum announced on Monday. A memorandum of understanding for […]

NISOC to hold Tender based on New Contract Model

Managing director of National Iranian South Oil Company (NISOC) Bijan Alipour said his company is likely to put to tender development of its projects in the latter part of the current calendar year based on the newly-devised model of contract it has recently introduced. The Alipour said the tender is most probably being held for […]

Zarubezhneft signs MoU to Study Iranian Oilfields

Russia’s Zarubezhneft Oil Company has signed a memorandum of understanding (MoU) with the National Iranian South Oil Company (NISOC) for studying Iran’s Shadegan and Rag Sefid oilfields. Hamid Deris, NISOC’s director of technical affairs, and Zarubezhneft’s director of fields development and investment signed the deal on Monday. Based on the document, the Russian company has […]

Pergas Drafting Proposal for 2 Khuzestan Oilfields

Pergas Consortium will submit its master development plan proposal to the National Iranian Oil Company (NIOC) to develop Shadegan and Karanj oilfields in the southern oil-rich province of Khuzestan by July, the group’s managing director said. “The company will allocate $1 billion to expand the fields in the first phase and if required, more money […]

NISOC Desalting Capacity Set to Rise

The desalting capacity of the National Iranian South Oil Company (NISOC) is set to increase, the company’s chief said. “The desalting capacity of areas operated by this company will increase by 220,000 b/d,” Bijan Alipour, CEO of NISOC, told reporters on the sidelines of Iran Oil Show in Tehran. He said that NISOC was determined […]

NISOC Output to Fall if No New Investment Made

A senior Iranian parliamentarian has warned that oil fields run by National Iranian South Oil Company (NISOC) would see their production decline in case no fresh investment is made. “In case the current trend continues we will witness production fall in oil-rich areas in the south,” Gholam-Reza Tajgardoun, who chairs the planning and budgeting committee […]

RIPI to host 1st Int’l Conference on EOR, IOR Methods

The Research Center of Petroleum Industry (RIPI) is to host the first international conference on enhanced oil recovery (EOR) and improved oil recovery (IOR) methods in oil projects on April 22. The three-day conference is being held jointly by Iran Inter-Pore Society, the Iranian Association of Polymer and Chemical Engineers and the RIPI. Besides presentation […]

NISOC, MAPNA agree Oilfield Study

A memorandum of understanding between the National Iranian South Oilfields Company (NISOC) and MAPNA Industrial Group has been signed in Ahvaz. According to this contract, three reservoirs of Karanj, Parsi and Rag Sefid will be studied within 6-months. In December, a Memorandum of Understanding (MoU) and Non-Disclosure Agreement (NDA) was signed between National Iranian South […]

Iran is “the Land of Opportunities”

“Iran is a land of opportunities for investors in the oil industry within which Iranian experts implement high technical expertise and experience” is what Pedro Aquino (pictured), President and CEO of the Philippine National Oil Company Exploration Corporation (PNOC-EC) has stated about the industry. In his recent interview, the Philippine oil official talked about strength […]