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»Home »Current News

Oil, Gas and Petrochemical Current News

Pre-qual tender for ICOFC’s gas fields  (S)
Monday, April 27, 2015   (
Iranian Central Oil Fields Co. (ICOFC) intends to invite eligible companies to take part in a pre-qual tender for developing the following gas fields ...
Iran studies Bangestan layer of Mansour Abad oilfield  (S)
Monday, April 27, 2015   (
... director of technical affairs at National Iranian south Oil Co. (NISOC), revealed that oil production from Bangestan layer of Mansour Abad oilfield has started ...
Iran oil ministry calls for GTP/ GTO project  (S)
Monday, April 27, 2015   (
Iran oil ministry has invited the private sector to invest in a value chain project for gas transformation into petrochemical products in ‘Islam Abad Gharb’ city ...
Mahabad Petchem Buthen-1 plant commissioned  (S)
Monday, April 27, 2015   (
... managing director of Mahabad Petrochemical Co., referred to Buthen-1 plant of this complex which got ready with an annual production capacity of ...
49 new projects to be introduced at ‘Iran’s 20th Oil Show’  (S)
Monday, April 27, 2015   (
Deputy for Corporate Planning at National Iranian Oil Co. (NIOC) has studied and compiled the list of investment opportunities in oil and gas upstream projects of NIOC in order to ...
Iran News In Brief  (S)
Monday, April 27, 2015   (
Iran SP rich gas output capacity at over 350 mcm/d  (S)
Monday, April 27, 2015   (
South Pars rich gas production reached an average of 351 mcm/d in February 2015, reported the news agency of Iran oil ministry ...
Iran Bibi Hakimeh oilfield 3D seismic to end in June ’15  (S)
Monday, April 27, 2015   (
The project 3D seismic data acquisition of Bibi Hakimeh, Kilver Karim and Siah Makan oilfields has made 92.5% headway and is expected to end by June 2015 ...
Tender out for a part of IGAT IX  (S)
Monday, April 27, 2015   (
Iran Gas Development and Engineering Co. (IGEDC) intends to hold a procurement, construction (PC) tender to implement a part of IGAT IX ...
Iran ‘Petchem Workgroup’ will be set up  (S)
Monday, April 27, 2015   (
A workgroup will be formed by several members of Energy Commissions, Ministry of Industry and Oil Ministry so as to define the issues related to petrochemical industry including the job description and duties of National Iranian Petrochemical Co. (NPC) ...
De-mercaptan project of SP phases 2&3 underway  (S)
Sunday, April 26, 2015   (
... projects manager at Research Institute of Petroleum Industry (RIPI), talked of the installation and commissioning stages of South Pars phases 2&3 de-mercaptan project this ...
Iran oil swap to resume upon sanctions lift  (S)
Sunday, April 26, 2015   (
Advisor to the oil minister and board member of Naftiran Intertrade Co. (NICO), Mahmoud Astaneh said: “Once the welcoming international atmosphere is created and sanctions are removed ...
Iran Pasargad Bank to fund ‘Bahman Geno’ Oil Refinery  (S)
Sunday, April 26, 2015   (
... managing director of Iranian Pasargad Bank, revealed that this bank will secure a fund of $ 2.5 Bln for the construction of the ‘Bahman Geno’ Heavy Crude Oil Refinery in the south of the country ...
Tender out for Iran S. Yaran wellhead facilities  (S)
Sunday, April 26, 2015   (
Petroleum Engineering and Development Co. (PEDEC) intends to hold an engineering, procurement and construction (EPC) tender for wellhead facilities of South Yaran oilfield ...
Iran gas exports up by over 1 mcm/d last year  (S)
Sunday, April 26, 2015   (
Iran gas exports in the last (Iranian) year (ended March 2015) grew by over 1 mcm/d compared to a previous year ...
Iran News In Brief  (S)
Sunday, April 26, 2015   (
Iran crude oil OSPs up for Asia in May  (S)
Sunday, April 26, 2015   (
National Iranian Oil Co. (NIOC) has increased its official selling prices (OSP) of Iranian Light, Heavy and Forouzan Blend crude oil supply of May 2015 to all Asian buyers ...
Persian Gulf News In Brief  
Sunday, April 26, 2015   (
Local banks aid to build Iran-Iraq gas export pipeline  (S)
Saturday, April 25, 2015   (
The tender to invest in construction of Iran-Iraq new gas export pipeline is at the final stage and the relevant investor will be soon selected ...
Iranian firms to carry out basic engineering of Iran-Oman gas pipeline  (S)
Saturday, April 25, 2015   (
... presence of an Omani delegation in Tehran to select Iranian consultants for basic engineering of onshore and sub-sea gas pipeline for gas export to that country ...
First batch of fuel oil ‘parallel forward bonds’ sold out  (S)
Saturday, April 25, 2015   (
The entire Rials 500 Bln worth of 380-cst fuel oil 'parallel forward bonds’ were sold at a day-to-day interest rate of 23% on the second day it offered at ‘Energy Bourse’ ...
Iran swap operational capacity on rise  (S)
Saturday, April 25, 2015   (
... managing director of Iranian Oil Terminals Co. (IOTC), stated that petroleum storage tanks at Neka port in Caspian Sea has been severely aged and should have to undergo a series of repair ...
Iran South Pars phase 13 at 74% headway  (S)
Saturday, April 25, 2015   (
... South Pars gas field phase 13 project manager at Pars Oil & Gas Co. (POGC), revealed that the project has made 73.64% physical headway ...
Iran flared gas sale tender winners to be known in May  (S)
Saturday, April 25, 2015   (
... director of investment and fund provision of National Iranian Oil Co. (NIOC), revealed that the winners of tender held for the sales of Iran associated flared gas will be announced in three weeks’ time ...
Iran Kermanshah Oil Refinery upgrades delayed  (S)
Saturday, April 25, 2015   (
The quality of the entire oil products of Kermanshah Oil Refinery (with 20,000 bpd capacity of crude oil), gasoline and gasoil in particular, will be enhanced within the next four years ...
Kala Naft Tehran Co. dissolved  (S)
Saturday, April 25, 2015   (
Manufacturing Support and Procurement Kala Naft Tehran (Kalanaft) has been dissolved and has been transformed into a directorate at National Iranian Oil Co. (NIOC) ...
Iran capital market welcomed fuel oil ‘parallel forward bonds’  (S)
Wednesday, April 22, 2015   (
The initial offer of 380-cst fuel oil ‘parallel forward bonds’ started at `Energy Bourse’ yesterday, while 40% of its first batch of Rials 500 Bln worth bonds were sold the same day ...
Iran RIPI downstream priority plans this year  (S)
Wednesday, April 22, 2015   (
... The export of engineering services abroad is among the priorities of the Institute. A contract is currently being signed to design licensed units of a refinery in a foreign country ...
Temporary implementation of NIOC statute on agenda  (S)
Wednesday, April 22, 2015   (
... Upon the approval of the Energy Commission and confirmation of the Parliament, the statute of National Iranian Oil Co. (NIOC) will be submitted directly to Guardian Council for their approval ...
IOOC issues tender for Salman-Sirri gas pipeline FEED  (S)
Wednesday, April 22, 2015   (
Iranian Offshore Oil Co. (IOOC) intends to assign the basic engineering, FEED studies and preparation of tender documents for the project to install ...

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