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»Home »Current News

Oil, Gas and Petrochemical Current News

Tender for Iran-Iraq gas exports pipeline out soon  (S)
Sunday, February 01, 2015   (
The $1.5 Bln worth public tender to construct pipelines and installations related to Iran gas exports to Iraq as a build-operate-transfer (BOT) type scheme will be held soon ...
Delivery of ‘Iran LNG’ facilities on hold due to sanctions  (S)
Sunday, February 01, 2015   (
... Although a part of the cash and financial resources used to construct these facilities have been paid to this German company, it still- due to the sanctions- avoids the delivery ...
Iran ‘Bid Boland –I Gas Refinery’ output rises by 14%  (S)
Sunday, February 01, 2015   (
In the past 10 months of current Iranian year (started March 2014), ‘Bid Boland-I Gas Refining Co.’ processed 6.812 bcm (22.26 mcm/d) of gas ...
PetroIran signs FPSO deal  (S)
Saturday, January 31, 2015   (
... managing director of Petroiran Development Co., revealed that a contract has been signed and got in effect on the purchase of a floating production storage and offloading (FPSO) ...
Iran South Pars phase 12 wells to rise  (S)
Saturday, January 31, 2015   (
... the number of the wells in this phase increased from 36 to 45; meanwhile, a fourth platform is expected to be constructed in this phase to complete ...
Project to boost Iran BAORCO gasoline output at 93% headway  (S)
Saturday, January 31, 2015   (
The project to boost gasoline production as well as quality of the products at Bandar Abbas Oil Refinery will get on stream by H2 of the next (Iranian) year (starting late March 2015) ...
Why could ‘Petchem Investment Development Fund’ attract no cash?  (S)
Saturday, January 31, 2015   (
National Petrochemical Co. (NPC) has failed to attract investors for ‘Petrochemical Investment Development Fund’ ...
Iran News In Brief  (S)
Saturday, January 31, 2015   (
Persian Gulf News In Brief  
Saturday, January 31, 2015   (
Asian imports of Iran crude rise 20%  
Saturday, January 31, 2015
Asian imports of Iranian crude rose by 19.8 percent last year to hit a three-year high. Imports by Iran's four biggest buyers - China, India, Japan and South Korea ...
Iran NIGC invites investors to build mini LNG plants  (S)
Wednesday, January 28, 2015   (
... revealed that NIGC has issued a public announcement and invited investors to construct LNG plants at small and medium-size scales ...
PC tender out for Tang-e-Bijar wellhead facilities  (S)
Wednesday, January 28, 2015   (
Central Iranian Oil Fields Co. (ICOFC) has invited qualified companies to take part in a PC tender for procurement of goods, construction of wellhead facilities and flow pipeline ...
Iran oil revenue will be defined at over Rials 530 Tln  (S)
Wednesday, January 28, 2015   (
... spokesperson of Corporate Commission at Iranian Parliament, referred to the setting of over Rials 530 Tln revenue from oil exports in general ‘Budget Bill’ of the country for the next ...
Iran AmirKabir semi-sub awaiting NIOC decision  (S)
Wednesday, January 28, 2015   (
Iran’s AmirKabir semisubmersible drilling rig in Caspian Sea is waiting for the decision of the board of National Iranian Oil Co. (NIOC) on the two scenarios of early production stage (EPS) ...
Iran BIM Bank to fund Damavand Petchem  (S)
Wednesday, January 28, 2015   (
Through the formation of a consortium, Mellat, Tejarat and Industry & Mines (BIM) banks of Iran will participate in provision of financial resources for Damavand Petrochemical Co ...
Iran News In Brief  (S)
Wednesday, January 28, 2015   (
Persian Gulf News In Brief  
Wednesday, January 28, 2015   (
Iraq lowers oil price forecast in budget proposal to $55 a barrel  
Wednesday, January 28, 2015
Falling oil prices forced Iraq's cabinet on Tuesday to revise its draft 2105 budget, trimming its forecast for oil to $55 a barrel from $60 ...
Tender out for S. Azadegan appraisal drilling  (S)
Tuesday, January 27, 2015   (
Petroleum Engineering and Development Co. (PEDEC) has decided to hold a public tender for drilling of five appraisal wells on Engineering, Procurement, Drilling and Services (EPDS) mode ...
Iran PGSCR needs €650 Mln to resolve issues  (S)
Tuesday, January 27, 2015   (
The allocation of €650 Mln from National Development Fund (NDF) to Persian Gulf Star Condensate Refinery (PGSCR) can resolve all the executive problems the project ...
Iran oil ministry to debar blacklisted vendors  (S)
Tuesday, January 27, 2015   (
... that were later investigated, and according to which, 70-80% of these companies are supposed to get back on the vendor list of the oil ministry ...
Iran Yadavaran associated gas goes to AMAK  (S)
Tuesday, January 27, 2015   (
Yadavaran crude oil production plant will be commissioned in fall 2015 and until commissioning of ‘NGL-3200’ plant, the associated gas produced at this field will be transferred ...
MAPNA may develop one of shared fields  (S)
Tuesday, January 27, 2015   (
“National Iranian Oil Co. (NIOC) has proposed MAPNA to select the development project of one out of three shared hydrocarbon fields of ...
Iran to start drilling 3rd well in Caspian Sea in a month  (S)
Tuesday, January 27, 2015   (
... managing director of North Drilling Co. (NDC), revealed that the drilling of the third well of Sardar-e-Jangal oilfield at the Caspian Sea will start within a month ...
Iran Parsian Refinery produces 20.6 bcm of gas  (S)
Tuesday, January 27, 2015   (
In the first ten months of current (Iranian) year (started March 2014), Parsian Gas Refining Co. processed and sent 20.648 bcm of gas to the cross-country gas grid ...
Persian Gulf News In Brief  
Tuesday, January 27, 2015   (
Iran South Yaran drillings at 35% headway  (S)
Monday, January 26, 2015   (
... deputy managing director of National Iranian Drilling Co. (NIDC), talked of about 35% headway the drilling operation has made in South Yaran shared oilfield ...
Iran SP gas condensates exports value rise by 40%  (S)
Monday, January 26, 2015   (
“In the first 10 months of current (Iranian) year (ending March 2015), a volume of over 9.57 Mln tons of gas condensates worth over $8.65 Bln was exported ...
Iran Kish gas to be injected into country gas grid in 2016  (S)
Sunday, January 25, 2015   (
... managing director of Petroleum, Engineering and Development Co. (PEDEC), expressed hope that a part of gas produced at Kish gas field will be injected into the cross country gas grid next winter ...
Iran South Pars phase 12 sour gas output at 51 mcm/d  (S)
Sunday, January 25, 2015   (
... South Pars phase 12 development project manager at Pars Oil & Gas Co. (POGC), revealed that over 51 mcm/d of sour gas are currently produced from the offshore sector of SP phase 12 ...

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