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»Home »Current News


Oil, Gas and Petrochemical Current News

Iran sells € 250 Mln worth South Pars bonds  
Thursday, March 11, 2010   (IranOilGas.com)
Iranian overseas banks sold € 250 Mln public bonds on Wednesday - the first installment of the planned €1 Bln public bonds for South Pars development project ...
Lowest bidders of VenIran Methanol made known  (S)
Thursday, March 11, 2010   (IranOilGas.com)
The tender process for the joint construction of methanol plants in Iran and Venezuela, which was issued in July 2008, came to an end and the lowest bidders for each plant have been made known ...
Abadan refinery privatization: Top priority next year  (S)
Thursday, March 11, 2010   (IranOilGas.com)
The shares of Abadan, Arak, Bandar Abbas and Kermanshah oil refineries are on the priority list next Iranian year (Starting 21st March 2010) ...
S.P. phases 15&16 makes over 41% headway  (S)
Thursday, March 11, 2010   (IranOilGas.com)
South Pars phases 15 and 16 development project -including the drilling operation- has made about 41% overall physical progress ...
News In Brief  
Thursday, March 11, 2010   (IranOilGas.com)
News In Brief (Persian Gulf)  
Thursday, March 11, 2010   (IranOilGas.com)
S.P. phases 20&21 FEED tender in process  (S)
Wednesday, March 10, 2010   (IranOilGas.com)
A Front End Engineering and Design (FEED) tender for development of phases 20 and 21 of South Pars gas field is in progress and its winner will be probably announced early in April '10 ...
Iran oil ministry allowed to issue € 9 Bln bonds  (S)
Wednesday, March 10, 2010   (IranOilGas.com)
Iranian parliament gave the green light to Iran oil ministry to issue € 9 Bln Islamic bonds (Sukuk) and foreign bonds in international financial markets so as to secure funds for its investment plans ...
NPC transforms into a development organization  (S)
Wednesday, March 10, 2010   (IranOilGas.com)
Deputy oil minister for Petrochemical Affairs Abdol Hossein Bayat disclosed that a 'Petrochemical Industries Development Organization' (PIDO) will be set up in future, modeled on Industrial Development and Renovation Organization ...
News In Brief  
Wednesday, March 10, 2010   (IranOilGas.com)
News In Brief (Caspian Sea)  
Wednesday, March 10, 2010   (IranOilGas.com)
Lowest bids for Darkhovin phase III packages  (S)
Tuesday, March 09, 2010   (IranOilGas.com)
... the lowest bidders of the tender for the two packages of this phase has been made known by Petroleum Engineering and Development Co. (PEDEC) ...
Iran's CEP still at pre-qual stage  (S)
Tuesday, March 09, 2010   (IranOilGas.com)
The project to construct the 'Central Ethylene Pipeline' (CEP)-which stretches from Asalouyeh to Firouzabad, Fasa, Estahban, Darab and finally to Jahrom ...
A possible link between Balal and SP's reservoirs  (S)
Tuesday, March 09, 2010   (IranOilGas.com)
Due to the proximity of Balal and South Pars oil/gas fields in the Persian Gulf, a research project is currently being undertaken to identify a possible connection between ...
Purchase of foreign wellhead facilities banned  
Tuesday, March 09, 2010   (IranOilGas.com)
In a circular, managing director of National Iranian Oil Co. (NIOC) Seifollah Jashnsaz imposed a ban on the purchase of entire foreign wellhead ...
Iran's parliament approves the budget’s outline  
Tuesday, March 09, 2010   (IranOilGas.com)
Iran's parliament on Monday approved the outline of a $ 347 Bln budget for next Iranian year (Starting from 21st March ’10) based on an oil ...
News In Brief  
Tuesday, March 09, 2010   (IranOilGas.com)
News In Brief (Persian Gulf)  
Tuesday, March 09, 2010   (IranOilGas.com)
Will Azar deal be signed this month?  (S)
Monday, March 08, 2010   (IranOilGas.com)
... which if approved by PEDEC, the talks will be resumed. Yet, the continuation of the talks does not necessarily mean that the contract will be signed in the 1st half of March.
Second rig of S.P. phases 15&16 to arrive this week  (S)
Monday, March 08, 2010   (IranOilGas.com)
Second offshore drilling rig of South Pars phases 15 and 16 will probably arrive in Iran this week and start drilling wells of S.P. phase 15 next week.
South Pars bonds to be on hand tomorrow  
Monday, March 08, 2010   (IranOilGas.com)
Iranian overseas banks will be selling €1 Bln public bonds for South Pars development project as of 9th March '10.
Western traders cut Iran gasoline line  
Monday, March 08, 2010
The world’s largest oil traders have quietly stopped supplying petrol to Iran in a clear sign that the threat of sanctions and Washington’s behind-the-scenes efforts to convince companies not to sell to Tehran are paying off.
News In Brief (Persian Gulf)  
Monday, March 08, 2010   (IranOilGas.com)
Iran’s 'NGL-3100' tender documents ready by May  (S)
Sunday, March 07, 2010   (IranOilGas.com)
... the tender documents of the project, has already completed its basic engineering and is busy preparing the EPC tender documents ...
Iran offers joint development of Arash to Kuwait  
Sunday, March 07, 2010   (IranOilGas.com)
Managing director of Iranian Offshore Oil Co. Mahmoud Zirakchian Zadeh announced that Iran has offered Kuwait to jointly develop the shared Arash gas field ...
NDC buys 3 offshore rigs from China  
Sunday, March 07, 2010   (IranOilGas.com)
A $143 Mln contract has been signed with a Chinese company to buy an offshore drilling rig, disclosed managing director of North Drilling Co ...
Iran swapped over 1.1 Mln tones oil products in 5 years  
Sunday, March 07, 2010   (IranOilGas.com)
Iran swapped a total of 1,157,480 tones of gasoil and fuel oil in a five year period (Mar. 2004 - Mar. 2009) with Iraq ...
Iran produces over 3.2 Mln tones of Urea  (S)
Sunday, March 07, 2010   (IranOilGas.com)
Currently, Iran produces over 3.2 Mln tones of Urea fertilizer per annum. Stating the above, managing director of Iran's National Petrochemical Co. (NPC) Abdol Hossein Bayat said: "With regard ...
Latest with South Pars phase 12 offshore sector  (S)
Sunday, March 07, 2010   (IranOilGas.com)
... stated that the project has made 62% physical headway at sub-sea pipe-laying and said: "We hope Iranian Offshore Engineering and Construction Co. (IOEC) to ...
News In Brief  
Sunday, March 07, 2010   (IranOilGas.com)

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