South Azadegan

Malaysia to help Iran in developing two oilfields

Malaysia to help Iran in developing two oilfields

National Iranian Oil Company (NIOC) and Malaysia's Petronas (Petroliam Nasional Berhad) plan to sign a memorandum of understanding (MoU) on the development of Cheshmeh Khosh and South Azadegan oilfields. Iran has already signed …

Iran to hold first oil tender in October

Iran to hold first oil tender in October

Iran will invite international oil companies to submit bids in October under the long-awaited new contract model for energy investors, as the …

85% progress in drilling in South Azadegan oilfield

85% progress in drilling in South Azadegan oilfield

Deputy Managing Director of National Iranian Drilling Company (NIDC) for drilling projects, Mehran Makvandi, said that 85% progress has been observed in drilling of 40 wells in the South Azadegan oilfield. Makvandi made …

Total to start oil production in South Azadegan

Total to start oil production in South Azadegan

The Iranian National Oil Company (NIOC) has signed a contract with France's Total on the development of the South Azadegan oil field, the Iranian Minister of Petroleum Bijan Zangeneh said. Now Total can …

Japan to lift sanctions against Iran on January 22

Japan to lift sanctions against Iran on January 22

Tokyo will lift the sanctions against Iran on January 22. The relevant decision should be taken at a meeting of the government. This step will enable Japanese companies to invest in the gas and oil industry of Iran. Banks in both countries …