The CEO of Austrian energy company OMV called on Europe’s politicians to do more to protect EU companies from the returning US sanctions against Tehran. “We are defending ourselves from these political threats whose only purpose is to distort the market in favor of more expensive products,” Rainer Seele told Bloomberg on Thursday. He added, […]
Tag Archives | OMV
Austria’s OMV Not Halting Energy Projects in Iran
Austrian oil and gas group OMV said it had not halted its planned Iranian energy projects despite the US withdrawal from the 2015 nuclear deal between Tehran and world powers. The group was monitoring political developments in the United States and the European Union very closely, said upstream chief Johann Pleininger at the annual shareholders’ […]
Gazprom Neft, OMV, Petronas Proposals for Developing Oilfield
Russia’s Gazprom Neft, Austria’s OMV and Malaysia’s Petronas companies presented their proposed development plans for Iran’s Cheshmeh Khosh oil project. The proposals were explained at the 145th committee meeting of National Iranian Oil Company (NIOC)‘s reservoir advisors in Tehran. The plans presented by OMV and Gazprom Neft are aimed at defining a production ceiling for […]
Tags: Asmary, Austria, Bangestan, Cheshmeh Khosh, featured, Gazprom Neft, Malaysia, National Iranian Oil Company (NIOC), OMV, Petronas, Russia
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 […]
Tags: Austria, Berlanga, Dalpari oilfield, featured, Iranian Central Oil Fields Company (ICOFC), National Iranian Oil Company (NIOC), oil exploration, OMV, PTT Exploration and Production (PTTEP), Singapore, Thailand, West Oil and Gas Production Company
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 […]
Tags: Austria, Changouleh field, DNO, featured, Gazprom, Gazprom Neft, Norway, oil production, OMV, Petroleum Engineering and Development Company (PEDEC), PTT Exploration and Production (PTTEP), Russia, Sarvak Azar Engineering and Development Company, Thailand, West Karoun oil field
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 […]
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 […]
29 Int’l Companies Invited to Bid for Oil Project
A top Iranian official said the country is going to put development of its Azadegan oilfield out to tender in coming days, noting that 29 oil giants, including Shell and Total, have been invited to make their offers in the event. Ali Kardor, CEO of the National Iranian Oil Company (NIOC), said on Sunday that […]
Tags: Azadegan oilfield, China National Petroleum Corporation (CNPC), featured, Lukoil, National Iranian Oil Company (NIOC), OMV, Pertamina, Shell, Sinioc, Total
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 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 […]
Tags: Argentina, Austria, BP, Cepsa, China, China National Offshore Oil Corporation (CNOOC), China National Petroleum Corporation (CNPC), CNPW, Daewoo, Denmark, DNO, Eni, featured, France, Gazprom, Germany, India, Indonesia, Inpex, Iran Petroleum Contract (IPC), Italy, Itochu, Japan, Japan Petroleum Exploration (JAPEX), Korea Gas Corporation (KOGAS), Lukoil, Maersk, Malaysia, Mitsubishi, Mitsui, National Iranian Oil Company (NIOC), Netherlands, Norway, oil contracts, OMV, ONGC Videsh, Perenco, Pertamina, Petronas, Plus Petrol, Polish Oil and Gas Company (POGC) (PGNiG), PTT Exploration and Production (PTTEP), Russia, Schlumberger, Shell, Sinopec, South Korea, Spain, Statoil, Total, United Kingdom, United States, Wintershall
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 […]
Tags: Austria, Denico, featured, Karanj oilfield, National Iranian Oil Company (NIOC), National Iranian South Oil Company (NISOC), OMV, Pergas, Poland, Polish Oil and Gas Company (POGC) (PGNiG), Schlumberger, Shadgan oilfield
OMV negotiating Iran Crude Oil Deal
By John Lee. Austrian oil company OMV is reported to be negotiating a long term contract of crude oil with National Iranian Oil Company (NIOC). Seyed Mohsen Ghamsari, Executive Director for International Affairs at the NIOC, said: “Iran’s oil export to Austria has kicked off through spot contracts … No final agreement has been reached […]
Int’l Oil Firms pitch for Iran Projects
Iran has received the first wave of proposals by major international companies to develop oil and gas projects within the new format of oil contracts recently approved by the administration of President Hassan Rouhani. Ten companies including big European firms such as Total, Lukoil, Shell, Eni, OMV and Asian giants like CNPC, Sinopec and Pertamina […]
Tags: Austria, China, China National Petroleum Corporation (CNPC), Eni, featured, France, Hyundai, Indonesia, Iran Petroleum Contract (IPC), Italy, Lukoil, National Iranian Oil Company (NIOC), OMV, Pertamina, Russia, Shell, Sinopec, Soroush field, South Azadegan field, South Korea, South Pars, Total, United Kingdom, Yadavaran
OMV Resumes Purchasing Iranian Crude
By John Lee. Austria’s OMV is reported to have received the first consignment of crude oil from Iran in several years after sanctions were imposed on the country. OMV received 1 million barrels of crude oil from Iran in a spot delivery at the Italian port of Trieste. The cargo will be further send to […]
Tags: Austria, featured, Hellenic Petroleum, Iplom, National Iranian Oil Company (NIOC), oil exports, OMV, Repsol, Romania, Saras, Shell
Iran Studying Europe Gas Export Plans
Iran is reviewing various options for exports of natural gas to Europe thus once more reviving an ambitious plan that had been previously shelved due to sanctions as well as technical problems. Alireza Kameli, the managing director of the National Iranian Gas Export Company (NIGEC), said that Iran’s media as saying that exporting natural gas […]
Tags: Albania, Austria, Elektrizitaetsgesellschaft Laufenburg (EGL), European Union (EU), featured, gas exports, Greece, Nabucco, National Iranian Gas Export Company (NIGEC), OMV, Switzerland, Trans Anatolian Pipeline (TANAP), Turkey
OMV not impressed by new Iran Oil Contracts
By John Lee. The Chief Executive of Austrian energy group OMV has said that Iran’s oil contracts are not yet suitable for his company to invest in planned projects in the country. Rainer Seele (pictured) told Reuters on Wednesday: “This process is still ongoing; this is taking quite a long time… We have not yet […]
Tags: Austria, Band-E-Karkheh field, Cheshmeh Khosh, Fars, featured, Iran Petroleum Contract (IPC), National Iranian Oil Company (NIOC), oil contracts, OMV
NIOC, Austria’s OMV Sign Cooperation Agreement
The National Iranian Oil Company (NIOC) and Austria’s OMV, the international, integrated oil and gas company, have met in Tehran and signed a Memorandum of Understanding (MoU) concerning the evaluation of various fields in the Zagros area in the west of Iran, for potential future development. The MoU also covers an envisaged cooperation in the […]
Tags: Austria, Band-E-Karkheh field, Cheshmeh Khosh, featured, National Iranian Oil Company (NIOC), OMV
Austria’s OMV Targets Iran
By John Lee. Austrian energy company OMV is targeting Iran in its new strategy for future growth. Rainer Seele (pictured), the company’s CEO, said in statement on Thursday that the main development regions for OMV are Iran, Russia and the United Arab Emirates. Robert Lechner, a spokesman for OMV, told UPI: “OMV has never closed […]