Deputy Minister of Petroleum for Engineering, Research and Technology Mohammad-Reza Moqaddam says three more qualified companies have been added to the list of eight Iranian E&P companies.

Minister of Petroleum Bijan Zanganeh said on Tuesday that several oil contracts will be signed by March 20, marking end of the current Iranian year of 1395.

Export of gas condensates of Fajr Jam Refinery in the first half of the current Iranian year of 1395 (started on March 20) exceeded three million barrels.

Deputy oil minister said Total S.A. Company has put forward a proposal to cooperate in development of Phase 11 of South Pars gas field.

President Hassan Rouhani says Iran has no problem with cooperation with American companies.

Managing Director of National Iranian Oil Company (NIOC) Ali Kardor says the NIOC will as of next week start calling on credited international companies to deliver documents to run contract tenders.

Deputy Head of National Iranian Oil Company (NIOC) for Development and Engineering Affairs, Gholam-Reza Manouchehri, says development of Iranian oil fieds will be entrusted to powerful companies.

Head of National Iranian Oil Company (NIOC) and Russian oil company LUKoil met on Monday to discuss development of Ab Teymour and Mansouri oil fields

Managing Director of National Iranian Oil Company (NIOC) Ali Kardor says delay in development of offshore joint fields is not wise.

Majlis Research Center says increase in production and export of oil is possible for Iran.