Director General of the Public Relations Department at Ministry of Petroleum Akbar Nematollahi says development of joint fields is the top priority of Ministry of Petroleum.

A subsidiary of the National Iranian Oil Company (NIOC) in upstream projects, Petroiran, is seeking international partners to develop offshore fields under the new model of oil contracts, the company’s CEO says.

National Iranian Gas Company (NIGC) has pitched investment opportunities valued at over $12b at the 23rd World Energy Congress in Istanbul, Turkey.

Deputy Head of National Iranian Oil Company (NIOC) for Hydrocarbon Source Projects Karim Zobeidi says terms and conditions of running new oil tenders will be announced soon.

A senior official with the Anglo-Dutch Royal Dutch Shell says his company has had intense talks with the National Petrochemical Company (NPC) for restoring its presence in Irans energy projects.

New oil contracts worth 10 billion dollars are expected to be signed in remaining half of the current Iranian calendar year (began March 20, 2016), the deputy petroleum minister said.

Deputy Managing Director of National Iranian Oil Company (NIOC) Gholam-Reza Manouchehri says field development study might be entrusted to several companies.

Managing Director of National Iranian Oil Company (NIOC) Ali Kardor and Director General of Russian Tatneft Nail Ulfatovich Maganov signed a Memorandum of Understanding on Saturday.

President Hassan Rouhani in a joint press conference with the Malaysian Prime Minister Najib Tun Razak on Friday urged Malaysian companies to invest in Irans oil, gas and petrochemical sector.

South Zagros Oil & Gas Production Co. (SZOGPC) has been successful to complete overhaul of overhead well facilities in Sarkhoun and south Gasho zones based on the time table.