SHANA - The spokesperson of Pakistan's Foreign Office said the country is determined to implement international energy projects especially the gas pipeline from Iran to Pakistan (IPC) and the TurkmenistanAfghanistanPakistanIndia Pipeline (TAPI) project. According to IRNA, Foreign Office Spokesperson Dr. Muhammad Faisal on Thursday responded to queries ...

Press TV- Minister of Petroleum Bijan Zangeneh says Iran currently produces more than 3.8 million barrels per day (bpd) of crude oil, roughly the same production level before the 2012 sanctions. The country exported 2.6 million bpd of oil and condensate in August as it kept on the the push to win back itsmarket share, Zangeneh said in Tehran ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh says Tehran is in serious talks with domestic and international developers for concluding 10 major oil and gas deals by the end of the current Iranian calendar year to March 10. Speaking to state radio channel, the official expressed optimism that at least a number of the talks will be concluded ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh says a workshop will be held in Tehran on Azadegan Development Project's tender with foreign participants. According to IRIB, the official said the tender will take 7 or 8 months which is natural for such a major project. "The field is a big one and developers must submit their proposed plant ...

IRNA - National Iranian South Oil Company (NISOC) has newly offered an oil field for international investment under Iran Petroleum Contracts (IPC) model, a monthly affiliated to Iran's Ministry of Petroleum reported. The IPC is a framework that lays out the basic structure - and some details - regarding all future petroleum contracts in Iran. It was ...

Press TV- Iran says it expects to attract as much as $15 billion in foreign investments into its oil and gas projects before next April. The announcement was made by Gholam-Reza Manouchehri, the deputy director for development and engineering affairs of the National Iranian Oil Company (NIOC). Manouchehri was quoted by domestic media as saying ...

Shana -- Iranian Minister of Petroleum Bijan Zangeneh says the newly-devised model of oil contracts requires presence and partnership of Iranian companies in oil and gas projects besides foreign developers. Speaking in an in-depth interview with Iran Daily, Zangeneh said real private sector companies have no claims that they can develop multi billion-...

Shana -- National Iranian Oil Company (NIOC) has inked 28 memoranda of understanding (MoUs) with Iranian and international energy companies in the post-sanctions setting for developing oil and gas projects across Iran. Signature of the documents was made possible thanks to implementation of the Joint Comprehensive Plan of Action (JCPOA), the landmark ...

Shana -- Managing director of National Iranian South Oil Company (NISOC) Bijan Alipour said his company is likely to put to tender development of its projects in the latter part of the current calendar year based on the newly-devised model of contract it has recently introduced. The Alipour said the tender is most probably being held for developing ...

Tasnim Spokesman for the Iranian Administration Mohammad Baqer Nobakht praised the $5 billion gas deal recently signed between Iran and Frances energy giant Total, saying the investment project would be highly profitable for the country. The project will generate $85 billion of income in a 20-year period, Nobakht told reporters at his weekly press ...

Shana -- National Iranian Oil Company (NIOC) says the Rouhani administration has tasked the company to ink 10 major deals for developing oi land gas fields by the end of the current Iranian calendar year to March 20 2018. Gholamreza Manouchehri, deputy for development and engineering at the NIOC, said on Saturday that the company is preparing for ...

Daily look at Irans late-breaking news and upcoming events:   Iran plans 14 oil and gas exploration tenders Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions, hoping to attract the likes of BP and Gazprom, an Iranian energy official said on Monday.   Dividing terrorism into good ...

Reuters- Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions, hoping to attract the likes of BP and Gazprom, an Iranian energy official said on Monday. Sitting on some of the world's biggest energy reserves, Iran has already been working on deals to develop existing fields such as South Pars,...

Shana -- Iranian Minister of Petroleum Bijan Zangeneh says Parsian Special Economic Zone (PSEZ) is the best place for petrochemical investment. Addressing a meeting of senior petroleum ministry officials held to discuss investment opportunities in the zone Sunday, the official voiced Iranian Ministry of Petroleum's keenness to invest and support ...

Iranian Diplomacy- Last year, a final endorsement from the cabinet and the Majlis board that adjusts legislations by the administration with those of the parliament paved the ground for the signing of the MoU with French refinery company Total for the development of South Pars, phase 11. The contract was postponed due to election in Iran and the US....

MNA Oil Minister Bijan Zanganeh said Wed. the French energy giant has plans for heavy investment in Irans petrochemical sector. Speaking to reporters about the recent multi-billion IPC signed with Total for investment in Phase 11 of South Pars Gas Field, Bijan Zanganeh added that Iran is currently in talks with the French energy giant for investment ...

IRNA Iran Minister of Petroleum said on Wednesday that the process of tender for developing Azadegan oil field had begun. 'Some verified companies have been invited,' Bijan Zangeneh said, referring to the foreign companies taking part in Azadegan field tender. The minister also said that in the contract signed by the French oil giant Total for ...

Reuters- Iran plans to sign a new contract to develop its giant South Pars gas field with France's Total on Monday, the first major Western energy investment since sanctions against Tehran were lifted, an Iranian oil ministry official told Reuters on Sunday. "The international contract for development of Phase 11 of South Pars in the framework of ...

TASS- The new phase of interaction between Iran and foreign investors started after the sanctions had been lifted, experts say Russian oil and gas companies are ready to invest into production of hydrocarbons in Iran despite challenging operating conditions in that country, analysts questioned by TASS say. Cheap resources remain an attractive asset ...

Financial Tribune - New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry, according to Reza Khayyamian, head of the Society of Iranian Petroleum Industries Equipment Manufacturers. "If foreign companies come to Iran's energy market and sign the (oil) deals, ...