Iran Petroleum Contract

Oil Minister Bijan Namdar Zanganeh has urged the need to support the private sector in line with the country's push toward indigenization of oil and gas equipment, saying his ministry has…

Russia’s state-owned oil company Zarubezhneft signed a trilateral deal on Wednesday with the National Iranian Oil Company and Dana Energy Company for the development of Aban and West Paydar…

Iran is likely to finalize a number of new contracts with foreign companies to develop oil and gas fields in the next three to four months, Amir-Hossein Zamaninia, Iran’s deputy oil minister for…

Denmark's Maersk Oil, a new subsidiary of French energy group Total, could sign a deal early next year to develop an offshore Iranian oil project in the Persian Gulf, according to the chief…

Iran will finalize a deal for Azadegan Oilfield, the crown jewel of its shared oil deposits, by the summer of 2018, Oil Minister Bijan Namdar Zanganeh said.

In line with efforts to develop oilfields in Khuzestan Province, Iran’s Petroleum Engineering and Development Company will take charge of Band-e-Karkheh Oilfield’s development under the new Iran…

Iranian Oil Minister Bijan Namdar Zanganeh says Total S.A.'s contract with Tehran to develop Phase 11 of the South Pars Gas Field is "legally binding" and the French energy major cannot walk…

The new model of Iran's oil contracts is clear on all grounds, but there is still some ironing out to do over the terms of collaboration with foreign companies on raising the recovery factor in…

Oil Minister Bijan Namdar Zanganeh says the ministry's top priority is to accelerate the proceedings to sign new oil and gas agreements with international contractors as a policy to defuse US…

Fresh off a $5 billion gas deal with French energy major Total, Iran hopes to keep up the positive momentum and clinch new agreements to develop its oil and natural gas fields.

According…

State oil company, NIOC, is set to hold a briefing this week on a long-anticipated tender for Azadegan Oilfield, the first major crude oil reservoir to be developed within the framework of…

New oil and gas contracts with international energy majors is a unique opportunity for domestic manufacturers of oil and gas equipment to enhance their managerial and financial capacities and…

French energy giant Total S.A. signed a groundbreaking deal on Monday to develop Phase 11 of the South Pars Gas Field in the Persian Gulf, becoming the first major oil and gas company to return…

Winning foreign investors' trust to finance mega oil and gas projects will not only help ensure  economic growth and prosperity in the long term but also help it gain access to advanced…

Oil Minister Bijan Namdar Zanganeh says the contract between the National Iranian Oil Company and French energy giant Total S.A. to develop Phase 11 of the South Pars Gas Field is expected to be…

Iran is well-positioned to sign major oil contracts by the end of the present fiscal in  March, said Ali Kardor, chief executive officer of the National Iranian Oil Company.

"We…

Total, Petronas and Inpex Corporation have presented development plans for the South Azadegan Oilfield, leading the line of international energy majors wanting to return to Iran's oil and gas…

Restoring relations with oil majors and raising crude production top Iran Oil Ministry's priority list, Bijan Namdar Zanganeh, the oil minister, said.

In a letter to Ali Kardor,…

Japan's largest upstream company, Inpex, will consider bidding to develop the Azadegan oilfield in Iran when the tender is finally issued, a company spokesman said Tuesday.

Austrian integrated oil and gas company, OMV, is expected to secure the development rights for an oilfield in the southern Khuzestan Province.

Tehran will refocus on tenders prepared for oil and gas field development projects after the presidential election on May 19, said Ali Kardor, chief executive officer of the National Iranian Oil…

An executive at Austria's OMV says he is positive about the new model of contracts for Iran's upcoming oil and gas projects, but noted that the oil and gas major needs to learn more about the…

New contracts in the oil and gas sector can create thousands of jobs and resuscitate the  economy which is reeling from international financial and trade restrictions, says Bijan Namdar…

Oil Minister Bijan Namdar Zanganeh told lawmakers on Sunday that signing contracts with international oil and gas majors will safeguard the landmark nuclear agreement with the world powers and…

Iran is determined to develop its oil and gas fields through tenders for international companies, a top oil official said, as the country strives to hold the first such tender since sanctions…