An official with the National Iranian Oil Company (NIOC) says the company gains updated information about Irans oil and gas fields for free by signing MoUs with international oil companies for carrying out studies over the fields.

The National Iranian Oil Company (NIOC) and Italys Eni Company signed a memorandum of understanding (MoU) for Eni to carry out studies over Kish and Darquain fields in Iran.

The National Iranian Oil Company (NIOC) will run a stand at the 22nd World Petroleum Congress to be held in İstanbul (Turkey) on 9-13 July, 2017.

Energy trade between Iran and Indonesia has been rising in recent years and is growing, Indonesian ambassador to Tehran, Okatawnew Ali Modin said.

Iranian Minister of Petroleum Bijan Zangeneh says a deal to develop South Pars 11 project between NIOC and the Total will be finalized before the end of President Rouhanis first term in office.

Dutch companies have been extensively attending Irans annual oil show for two years. Last year they signed several memorandums and contracts with Iranian companies in the presence of Dutch energy minister.

South Zagros Oil and Gas Production Company (SZOGPC) produce 9 billion dollars worth of crude oil and natural gas in the previous Iranian calendar year which ended on March 20, the companys CEO said.

Iran will hopefully sign its first oil deal based on the newly-devised contract terms before the end of President Rouhanis first term by July, Iranian Minister of Petroleum Bijan Zangeneh said.

Polish Oil and Gas Company (PGNiG) has expressed its willingness to invest in Iran’s oil sector, its director of business development said.

A deputy head of National Iranian Oil Company has said that Iran needs to diversify its methods of project financing.