Tag Archives | oil exploration

Rosneft Sets Sight on Iran’s Zagros Region

Russia’s state-controlled oil giant Rosneft is interested in oil and gas projects in Iran’s western region of Zagros, after signing a deal last year to do business in the country, an official document showed on Friday. The document, published on a government website that details tenders by state companies, said that as of mid-February Rosneft […]

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 Eyeing 14 Oil & Gas Exploration Tenders

Iran is readying its first round of oil and gas exploration tenders since the removal of anti-Tehran sanctions, an Iranian energy official said on Monday. France’s Total last week became the first oil major to sign a post-sanctions development deal with Iran. Russia’s Lukoil and Denmark’s Maersk are also potential investors. Next on the horizon […]

Malaysian Company to Study Iran Oil Fields

The National Iranian Oil Company (NIOC) and Malaysia’s Bukhary International Ventures (BIV) have signed a memorandum of understanding (MoU) for carrying out studies of Iran’s Golshan and Ferdowsi fields. The two sides signed the deal in Tehran on Wednesday. Based on the document BIV will submit the result of its studies to NIOC over the […]

15 Billion Barrel Oil Find in Iran

The Managing Director of the National Iranian Oil Company (NIOC), Ali Kardor, says new discoveries have placed Iran’s total in-situ oil reserves at least 15 billion barrels higher than previous estimates. 2 billion barrels of the amount can be recovered, the official told a press conference. Iran is estimated to be stilling atop 711.53 billion […]

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 […]

Pertamina to Study Two Oil Projects in Iran

Indonesia’s state-owned oil company Pertamina has signed a memorandum of understanding (MoU) with National Iranian Oil Company (NIOC) to conduct joint studies over two major oil fields in the south of the country. The oil fields that Pertamina and the NIOC will study are Mansouri and Ab Teymour which are located in Iran’s oil-rich Khouzestan […]

Iran Signs NDA with Zarubezhneft

Iran has signed a basic non-disclosure agreement with Russia’s state-owned energy giant Zarubezhneft over two western oil fields. Based on the agreement, the Russian company will study West Paydar and Aban oil fields and will present its proposals to increase the recovery rate of both fields to the National Iranian Oil Company (NIOC). NIOC Managing […]