Tag Archives | Norway

Iran Rises in Prosperity Index

By John Lee. Iran has risen one place in this year’s Legatum Institute Prosperity Index, ranking in 117th place out of the 149 countries measured. The index ranks countries according to its nine pillars of prosperity: Economic Quality, Business Environment, Governance, Personal Freedom, Social Capital, Safety and Security, Education, Health and Natural Environment. Despite the […]

Iran Up (Slightly) in Prosperity Index

By John Lee. Iran has risen one place in this year’s Legatum Institute Prosperity Index, ranking in 117th place out of the 149 countries measured. The index ranks countries according to its nine pillars of prosperity: Economic Quality, Business Environment, Governance, Personal Freedom, Social Capital, Safety and Security, Education, Health and Natural Environment. According to […]

Iran “Keen on Keeping Ties” with Norwegian Shipbuilders

An Iranian tanker official says facilitating banking relations between Iran and Norway is a necessity for boosting ties of the two countries in shipbuilding industries, voicing Iran’s keenness to maintain relations with Norwegian shipbuilders. Addressing the Iran-Norway Bilateral Maritime Opportunities conference in Oslo on Thursday, Managing Director of the National Iranian Tanker Company (NITC) Sirous […]

NIOC, Gazprom sign LNG deal

Russian gas giant Gazprom has signed a initial agreement with the National Iranian Oil Company (NIOC) for cooperation in the production of liquefied natural gas (LNG). As the official website of Gazprom announced, this would be part of a larger plan for cooperation that concentrates on the development of Iran’s gas fields “with subsequent transportation […]

Norwegian Firm Signs $2.9bn Solar Deal with Iran

Norway’s Saga Energy has signed a 2.5 billion-euro ($2.94 billion) deal to build solar power plants in Iran, the company said. Saga inked the preliminary agreement with Iran’s state-owned Amin Energy Developers on Tuesday. The deal would see the construction over a four- to five-year period of 2 gigawatts of power generation capacity, Saga Energy […]

Europeans Keen for Close Economic Ties with Iran

Iranian President Hassan Rouhani and a number of European leaders discussed the bilateral, regional and international issues on the sidelines of the UN General Assembly, with all the Europeans showing enthusiasm for investment in Iran and stronger trade ties in the post-JCPOA era. Keeping a busy schedule during his trip to New York, President Rouhani […]

Norwegian Firm in Talks to Build Solar Power Plants in Iran

The CEO of Norway’s Scatec Solar said the company is in negotiations to build its first solar power plants in Iran. “I wouldn’t like to say by when we (Tehran and Oslo) expect a signed deal but we are actively working on it,” Raymond Carlsen told Reuters on Friday. He added that the initial project […]

DNO Submits Plan for Changouleh Oil Field

The National Iranian Oil Company (NIOC) has received a proposal from Norway’s DNO oil and gas operator for the development of Changouleh Oil Field, a major one in western parts of the country. Gholam-Reza Manouchehri, the deputy for development and engineering affairs of NIOC confirmed that DNO’s proposed plan for the development of Changuleh oil […]

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 […]

European, Asian Firms “Ready to Fund Iran’s Plane Purchases”

Iran’s Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhrieh Kashan said several major institutions from Europe and Asia have expressed readiness to fund the country’s purchases of planes from global aviation giants Airbus and Boeing. Nine financial institutions from Norway, Denmark, Ireland, Britain, China and Japan are ready to fund the […]

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 […]

Iran Still Ranking Poorly for Press Freedom

By John Lee. Iran has risen four places in the World Press Freedom Index for 2017, but is still ranked just 165th out of 180 countries. The result puts Iran ahead of such countries as Saudi Arabia and Yemen, but behind Iraq and Libya. First place went to Norway, with North Korea coming last. Reporters […]

Norwegian Firm in Iran Tech Transfer

Iran’s Petrochemical Research and Technology Company (PRTC) signed a heads of agreement (HoA) with Norway’s Norner, a global market leader of Industrial R&D services in polymers, for transfer of state-of-the-art technical savvy for production of polypropylene to PRTC. From PRTC Esmaeil Ghambari, the company’s managing director, and from Norner, director of its business development, Lars […]

Iran, Norway in Oil Talks

Norway’s oil industry can invest in Iran’s upstream development projects and also collaborate with Iranian companies to adopt enhanced oil recovery (EOR) methods to boost recovery rate from Iranian oilfields, an official says. Gholamreza Manouchehri, deputy head of National Iranian Oil Company (NIOC), made the statement while addressing a panel on “Iran and Norway Upstream […]

Norway “eager to expand” Fisheries Cooperation with Iran

By John Lee. Norway’s Minister of Fisheries, Per Sandberg (pictured), has told Iran’s Ambassador to Oslo, Mohammad Hassan Habibollahzadeh, that he welcomes increased cooperation between the countries in fisheries and aquaculture. According to IRNA, the ambassador said the vast coastlines in the northern and southern parts of Iran, production of fishery products, processing and re-export […]

New JV to License Iranian Geological data

Norwegian oil service company Global Geo Services AS (GGS), and data management and solutions company Interica Limited UK, have formed the joint venture — GGS-Interica Ltd. UK — to license and manage an Iranian geological database. The principle dataset to be managed, licensed and made available to the industry is the Persian Carpet 2000 dataset […]

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 […]

Russia Signs Deal to Develop Iranian Oil and Gas Fields

High-ranking officials from Iran’s oil ministry and the giant Russian oil and gas company Gazprom have signed a major deal on Tuesday to promote cooperation in the development of two oil fields in western Iran. In a ceremony on Tuesday attended by Iranian Oil Minister Bijan Namdar Zanganeh and Russian Energy Minister Alexander Novak, the […]

Thai Company to study Iranian Oil Fields

By John Lee. The National Iranian Oil Company (NIOC) and Thailand’s PTT Exploration and Production (PTTEP) have signed a memorandum of understanding on Tuesday to carry out preliminary studies of three oil fields in Iran: Changuleh, Balal and Dalamperi. The Ministry would then evaluate the company’s findings and decide whether to award the project development […]

DNO to Develop Iran’s Changuleh Oil Field

DNO ASA, the Norwegian oil and gas operator, today announced the signing of a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study concerning the development of the Changuleh oil field in western Iran. Changuleh, discovered in 1999 but never developed, is estimated to hold more than 2 billion […]