Tag Archives | Wintershall

NIOC reviews Wintershall Oilfield Proposal

German energy company Wintershall has submitted its proposal for developing Iran’s Dehloran oilfield to the National Iranian Oil Company (NIOC), which is now studying the plan. The NIOC held a committee meeting of its advisors in reservoir management to consider the proposal on Monday, January 29, 2018. NIOC has said the German company plans to […]

Wintershall, Gazprom eyeing Iran Partnership

Germany’s biggest oil and gas company Wintershall says it is looking into a plan to collaborate with Russia’s energy giant Gazprom over projects in Iran. The announcement was made by Thilo Wieland, a member of Wintershall board responsible for exploration and production in Russia, Libya, South America. “Our partnership with Gazprom is based on trust, […]

Germany Offers to Invest $12bn in Iran’s Oil Industry

Germany’s major oil and petrochemical companies, including BASF, have expressed their willingness to invest a total of $12 billion in the Iranian oil sector. The Chemical company BASF, whose managing director paid an official visit to Iran last year as a member of a delegation accompanying German Economy Minister Sigmar Gabriel, has offered to invest […]

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 […]

Danish Conglomerate to Promote Iranian Oil Upstream

Paul Munk Andersen, Deputy Managing Director of Danish conglomerate Maersk Group, says his company is ready to cooperate with Iranian companies to promote Iran’s upstream oil sector. Anderson told Shana that Iran can use advanced technology to benefit from its oil and gas sources and enhance recovery. A Member of the Board of Diretors of Wintershall, […]

What’s Fueling Opposition to Iran’s New Oil Contracts?

By David Ramin Jalilvand, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran’s current buyback scheme, which reduces the role of international partners to that of service providers, has been very unpopular among international oil companies. It has been a major factor in the reduction of […]