Sunday 28 April 2024
 
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National Iranian Oil Company

Schlumberger inks oilfield study with Iran

Schlumberger, the world’s largest oil driller by market value, has signed a preliminary deal to study an Iranian oilfield with the National Iranian Oil Company, a report said. Schlumberger said the deal does not involve the

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Iran's NIOC to raise output from all oilfields

The National Iranian Oil Company (NIOC) is set to increase production from all oilfields this year and can reach its pre-sanctions output capacity of 4 million barrels per day if there is sufficient market demand, a top Iranian oil official told

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Iran says no disruption in India oil exports

A senior Iranian Oil Ministry official said on Sunday Iran's oil exports to long-time trading partner India had continued despite a dispute over the method of payment, student news agency ISNA reported. 'There has been no disruptio

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Cosmo Oil to cut 2010 Iran crude supply

Cosmo Oil Company, Japan's fourth-biggest refiner, will cut its 2010 term contracted volumes of crude oil with National Iranian Oil Company (NIOC), industry sources said on Thursday, amid a slash in oil demand. Cosmo Oil, which has a c

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Iran rules out active role for Total

A top Iranian official said that French energy giant Total will have no 'active role' in developing a huge gasfield in Iran and that a new partner had been found for the project. Total and Iran's National Iranian Oil Company (N

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Petronas eyes Iran contracts

Malaysian state oil firm Petronas is 'very happy' with its investment in Iran and is looking for more deals in the upstream, according to its top executive. Hassan Marican said the firm had no intent of selling down its 10 per cent stake i

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