Tag Archives | Tabriz refinery

SKEC to Upgrade Tabriz Refinery

South Korea‚Äôs SK Engineering and Construction Co. (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran. South Korean National Assembly Speaker Chung Sye-kyun, who was in Tehran to attend President Hassan Rouhani‚Äôs swearing-in, oversaw the signing between SKEC, Tabriz Oil Refining Company and […]

Iran, Iraq in Joint Energy Cooperation

Iran and Iraq have stated a new round of discussions to promote cooperation in the energy field. The talks were led by Iran‚Äôs Petroleum Minister Bijan Zanganeh and his visiting Iraqi counterpart Jabbar al-Luaibi in the Iranian capital Tehran. Top on the agenda of their meeting included developing the oil fields that the two countries […]

Iran in Talks with Japan to Optimize Oil Refining

Iran is finalizing negotiations with two major Japanese companies to improve the efficiency of Tehran‚Äôs aging refineries, an official announced. In an interview with Tasnim, Abbas Kazemi, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC), said Iran has been in talks with Japanese and South Korean companies to optimize oil refining […]

Iran Plans big Oil-Refinery Expansion

Iran plans to build five new refineries over the next four years to increase capacity from its current level of 1.85 million bpd to about 3.2 million bpd. Abbas Kazemi, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) told Bloomberg that the country also needs about $14 billion in investment to […]

Saipem signs Iran MoU

By John Lee. Italian oil and gas services company Saipem has entered into a Memorandum of Understanding (MoU) concerning potential cooperation on major projects in Iran. The MoU, signed with the Parsian Oil & Gas Development Company (POGDC), “envisages discussions aimed at Saipem‚Äôs potential cooperation in revamping and upgrading the Pars Shiraz and Tabriz refineries,” […]