Farzad-B Gas Field Development

Operations to develop the Farzad B Gas Field in the Persian Gulf have started, the managing director of the National Iranian Oil Company said. “The first phase of the development plan that…

The National Iranian Oil Company signed an agreement with the domestic oil company Petropars to develop the Farzad B Gas Field in the Persian Gulf that is shared with Saudi Arabia. The $1.8…

Oil Minister Bijan Namdar Zanganeh said Tuesday the National Iranian Oil Company has invited the Indian consortium led by ONGC Videsh Ltd (OVL) to negotiate for the last time on the development…

Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh Ltd, the foreign investment arm of India’s Oil and Natural Gas Corp. to…

Talks to develop Farzad B gas field in the Persian Gulf are underway between Iran and India, but no decision has yet been taken, India’s outgoing ambassador to Tehran Saurabh Kumar said…

Negotiations are underway between Iran and India over a deal to develop a major offshore gas deposit in the Persian Gulf, but the two sides are at odds over the price of Iran's natural gas,…

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, on Monday said it has not heard from Iran on the $11 billion "best offer" it gave for developing the Farzad-B gas field…

Iran's Oil Ministry has sent a letter to Indian officials about the Farzad-B gas project that has turned into a point of contention between the two countries in recent months, the Iranian oil…

Tehran has opened talks with Russia and several other countries on developing Farzad-B Gas Field in the Persian Gulf, a parliamentarian said, indicating that there will be no backdoor deal with…

The National Iranian Oil Company is taking steps to tender the Farzad-B Gas Field, Ali Kardor, chief executive officer of the National Iranian Oil Company said, dashing hopes for an agreement…

India's oil minister says a final deal with Iran to develop the Farzad-B gas field in the Persian Gulf is currently "in Iran's course".

Iran will finalize a master development plan for Farzad-B Gas Field with India's Oil and Natural Gas Corporation (ONGC) by the end of November, Mohammad Meshkinfam, director of the Pars Oil and…

A senior energy official said Saturday that Iran is keeping all its options open for tendering the Farzad-B Gas Field because negotiations with India over the drilling rights of the coveted gas…

India’s government is in “serious” negotiations with Iran on securing the development rights for Farzad-B Gas Field in the Persian Gulf, deputy oil minister for international affairs said.

Iran has given the final ultimatum to India’s Oil and Natural Gas Corporation Limited (ONGC) to offer a more attractive master plan for development of the coveted Farzad-B Gas Field project in the…

Iran and India will sign a contract worth $5 billion on developing the first phase of Farzad-B Gas Field in the Persian Gulf by the end of next month after 14 years of negotiations.

Iran and India are expected to sign a deal on developing Farzad-B Gas Field in the Persian Gulf by the end of next month after years of negotiations.

Top managers from India's Oil and Natural Gas Corporation Videsh Limited, Oil India and Indian Oil Corporation are due to visit Tehran this week to submit and finalize their financial proposal for…

The Indian contractor of Farzad-B Gas Field, which is purported to be ONGC Videsh Ltd., has until September to submit a financial proposal for the development of the sought-after energy project,…

A consortium of Indian companies has reached an initial agreement with Iranian officials to develop Farzad-B gas field under a $3 billion contract, managing director of the Iranian Offshore Oil…