Iran's Oil, Gas & Petrochemical News Headlines

ICOFC issues tender for MC of Iran Tous gas field
15 May, 2024
Iranian Central Oil Fields Co. (ICOFC) has issued a tender for MC of the project to develop Tous gas field in Khorasan Razavi province.

Iran crude output as reported by OPEC (April-update)
15 May, 2024
According to secondary sources, total OPEC-12 crude oil production averaged 26.58 mb/d in April 2024, 48 tb/d lower, m-o-m. Crude oil output increased mainly in Congo and IR Iran,

Iran NDF, Mapna sign MoU to provide required fund for Shourijeh UGS
14 May, 2024
The project to develop phase 2 of Iran Shourijeh underground gas storage (UGS) was delayed for some time due to lack of fund...

Iraq unveils strategic plan to end gas import dependency by 2027
14 May, 2024
On Monday, the Parliamentary Oil and Gas Committee member, Alaa Al-Haidari, unveiled a strategic timeline to resolve Iraq's gas import dependency permanently.

Kuwait Petroleum renews oil supply deal with China's Unipec until 2033
14 May, 2024
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest refiner Sinopec, until 2033,

QatarEnergy and ExxonMobil acquire two offshore blocks in Egypt
14 May, 2024
QatarEnergy, a state-owned energy company, and US oil and gas giant ExxonMobil have signed a framework agreement to acquire two offshore exploration sites off Egypt’s coast.

List of some MoUs signed at Iran 28th Oil Show (Part III)
13 May, 2024
On the sidelines of the 28th International Oil, Gas, Refining and Petrochemical Exhibition following memorandum of understandings (MoUs) and contracts ...

Contracts signed with 3 Iranian companies for drilling at phase II of Yadavaran oilfield
13 May, 2024
.... three contracts for the drilling of 24 wells, as the part of phase II of Iran Yadavaran oilfield development project....

Iran NISOC issues tender for 50 sets of wellhead facilities
13 May, 2024
National Iranian South Oil Co. (NISOC) has issued a tender for design, construction, installation and commissioning of 50 sets ...

Chinese companies win more bids to explore for Iraq oil and gas
13 May, 2024
Chinese companies won four bids to explore Iraqi oil and gas fields, Iraq's oil minister said on Sunday as the Middle Eastern country's hydrocarbon exploration licensing round continued into its second day...

List of some MoUs signed at Iran 28th Oil Show (Part II)
12 May, 2024
On the sidelines of the 28th International Oil, Gas, Refining and Petrochemical Exhibition, the following memorandum of understandings (MoUs) were.....

List of some upstream MoUs signed at Iran 28th Oil Show (Part I)
11 May, 2024
On the sidelines of the 28th International Oil, Gas, Refining and Petrochemical Exhibition, National Iranian Oil Company (NIOC) signed the following memorandum of understandings (MoUs) ...

JV of Iranian MAPNA and NDF sign 3 oil & gas development MoUs with NIOC
11 May, 2024
Three memorandum of understandings (MoUs), worth $5.4 Bln, were signed yesterday, May 10, between National Iranian Oil Company (NIOC) and the JV of

MoU signed for development of Iran lavan gas field
11 May, 2024
A memorandum of understanding (MoU), worth $ 900 Mln was signed yesterday, May 10, for development of Iran Lavan gas field in the Persian Gulf.

MoU signed for development of phase III of Iran Darkhovin oilfield
11 May, 2024
A memorandum of understanding (MoU), worth $1.1 Bln was signed yesterday, May 10, for the development of the third phase of Iran Darkhovin oilfield in Khuzestan province.

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