Tag Archives | oil and gas exploration

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 […]

Iran to Increase Oil Recovery from Forouzan Oilfield

The Iranian Offshore Oil Company (IOOC) says it will increase crude oil production from the Forouzan oil field by 12,000 b/d once it starts operating a new platform over the field. Hamid Bovard said his company, which operates offshore oil fields for Iran, has plans to launch projects that will add a total of 110,000 […]

NIOC, Barcelona University Ink Exploration Deal

By John Lee. The National Iranian Oil Company (NIOC) says it has signed a deal with the Spanish University of Barcelona to conduct geological and geophysical studies for discovery of hydrocarbons in Iran. Hormoz Qalavand, the director for exploration affairs of the NIOC, said the studies will be focused on southern regions of Zagros sedimentary […]

Iran, Lukoil Sign $6m Exploration Deal

By John Lee. Iran has signed a $6-million deal with Russian oil giant Lukoil to explore the country’s oil-rich southwestern province of  Khouzestan. Lukoil has already started looking for oil and gas reserves in Dasht-e Abadan and the northern parts of the Persian Gulf, said Hormoz Qalavand, the director for exploration affairs of the National Iranian […]