23 January 2019

Iran discovers oil in Abadan region: minister

TEHRAN (NIOCEXP) _ Iran has discovered oil in the southwestern Abadan region for the first time, Oil Minister Bijan Zanganeh said on Wednesday. The oil was found at a depth of 3,570 meters in an exploratory well and is “very light and sweet”, Zanganeh reportedly said.  “This is the first […]
1 September 2018

Exploration Directorate Held : Gas shale Recognizance and Evaluation for the First Time in Iran

  Reported by Exploration Directorate Public Relations A research seminar titled “Recognizance and Evaluation of Gas Shale resources in Mid-Jurassic Sedimentary Sequence till Lower Cretaceous in Lorestan Area” was held at Exploration Directorate Amphitheater with all managers and experts present. In this project, gas shale resources were studied based on […]
1 September 2018

For the first time in Iran, drilling waste treatment system using electro-coagulation in Mino exploration well

  HSE and Passive Defence manager announced the implementation of industrial waste treatment in Mino exploration well. Exploration Directorate Public Relations: Hamid Tavousi stated that industrial waste is among the main environmental pollutants. Discharging such wastes in environment will result in the destruction and pollution of surface and underground waters […]
8 May 2018

Iran President Visits Tehran Oil Show

TEHRAN (NIOCEXP.PR) — Iranian President Hassan Rouhani on Tuesday visited the annual Oil and Gas Show in the capital Tehran. The president was accompanied by Minister of Petroleum Bijan Zangeneh, CEO of the National Iranian Oil Company (NIOC) Ali Kardor as well as other senior oil officials. Source: WWW.SHANA.IR   […]
8 May 2018

ROI of Unveiled Exploration Blocks Attractive

TEHRAN (NIOCEXP.PR) — The return on investment (ROI) of the newly-unveiled exploration blocks which Iran had recently tendered would be attractive to investors, the exploration director of the National Iranian Oil Company (NIOC) said on Monday. Saleh Hendi underlined the wide reception of NIOC’s exploration blocks, adding, “The ROI of […]
7 April 2018

TEHRAN, (Shana) – Iranian President Hassan Rouhani said on Wed. in Baku that “the expansion of Tehran-Baku relations not only benefits the two nations, but also the region .”

“I am delighted that with the extensive efforts of senior officials from both countries, we are witnessing the good results of our joint cooperation today; cooperation which benefits not only the two nations but the whole region,” said Iranian President Hassan Rouhani, reported Mehr News Agency. The Iranian president made […]
13 December 2017

Iran Produces 715 mb of Oil from West Karoon Joint Fields

TEHRAN, Dec. 12 (NIOCEXP) — The National Iranian Oil Company (NIOC) says Iran has recovered over 715 million barrels of oil from the joint field located in West Karoon region, west of the country. Director of Integrated Planning and Director at NIOC Karim Zobeidi said 87 billion barrels of in-place […]
29 November 2017

Iran starts Early Production of South Yaran Oilfield

TEHRAN, Nov. 26 (NIOCEXP) — Iran has started producing 10,000 barrels per day of crude oil from South Yarn oilfield which it shares with Iraq. According to the Petroleum Engineering and Development Company (PEDEC), the company’s managing director Nooreddin Shahnazizadeh said 6 wells of the field have become productive, yielding […]
22 November 2017

Majority of OPEC members support extending oil output cuts: Minister

    TEHRAN, Oct. 25 (NIOCEXP) – Russian oil companies have started a new round of talks with Iranian oil officials prior to Vladimir Putin’s state visit to Tehran. TEHRAN (NIOCEXP) – Iran’s oil minister said on Monday that a majority of OPEC members support extending output cuts but a […]
7 November 2017

Total officially permitted to initiate Iran project

TEHRAN, Oct. 25 (NIOCEXP) – Russian oil companies have started a new round of talks with Iranian oil officials prior to Vladimir Putin’s state visit to Tehran. TEHRAN (NIOCEXP) _ French energy giant Total received work permits for its foreign staff from Iran – a move that has officially put […]