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Development News in Iran

MAPNA Group Receives FAC for South Pars Plant Substation Development
11/11/2018 - MAPNA Group was granted final acceptance certificate (FAC) for development of two gas-insulated substations in South Pars Concentrated Power Plant on Monday, November 5, 2018. The two substations boas...
SP Mega-Projects Strengthened POGC's Position
9/30/2018 - National Iranian Oil Company's deputy in development and engineering affairs stated that pars oil and gas company (POGC) has been able to strengthen its own position by implementing south pars develop...
South Pars Phase 13; 2 Decks Loaded Out at a Time
9/28/2018 - Loadout operations were carried out for main and satellite decks in south pars phase 13 development plan. Phase 13' director, Payyam Motamed, announced that SPD-13B (main deck) is the first deck of th...
South Pars Phase14 Meets 82% Progress
9/9/2018 - Over the past 2 years, the developmental activities in both offshore and onshore facilities moved in right direction so that there has been remarkable progress (82 percent) in constructing the refiner...
Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet
8/13/2018 - A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Irans multi-billion-dollar agreement with a French energy major Total-led consortium developi...
MAPNA Group Awarded Major Oil Projects
8/8/2018 - The National Iranian South Oil Company (NISOC) has signed a heads of agreement with MAPNA Group for the development of Parsi and Paranj oilfields in the southwestern province of Khuzestan. ...
Indonesia's Pertamina Says Iran Oil Field Deal Frozen over US Sanctions
6/26/2018 - Indonesia’s government decided last month to freeze Pertamina’s deal to operate the Mansouri oil field in Iran because it wanted to preserve the country’s 'good relationship' with the United States, P...
NISOC to Hold Tenders for Developing 28 Oil Reserves
6/4/2018 - National Iranian South Oil Company (NISOC) plans to develop 28 oil reserves in southern Iran through operation-based contracts, Shana reported on Tuesday quoting NISOC’s managing director. ...
LUKOIL Puts Iran Plans on Hold due to Threat of U.S. Sanctions
5/29/2018 - LUKOIL, Russia’s second biggest oil producer, said on Tuesday it had decided not to go ahead with plans to develop projects in Iran at the moment due to the threat of U.S. sanctions, a company officia...
Farzad B Gas Field Contract to be Signed Soon
5/13/2018 - A contract to develop Farzad B gas field will be signed with India in a close future. National Iranian Oil Company (NIOC) is negotiating with an Indian company, ONGC, to develop Farzad B gas field. T...
CEO Visits Development Plans Progress
4/15/2018 - Managing director of Pars Oil and Gas Company, in his two-day journey to Assaluyeh and capital city of Bushehr, visited development plans progress and offshore platform construction. ...
NIOC &PEDC To Sign Deal to Develop Two Iran Oilfields
3/18/2018 - The National Iranian Oil Company (NIOC) and Pasargad Energy Development Company (PEDC) are to sign a contract for the integrated development project of Sepehr and Jofeir Fields. The two fields were di...
Tenders for the 11th Phaseto be Finalized Soon
3/17/2018 - CEO of POGC, Mohammad Meshkinfam confirmed the completion of first part of 11th phase’s tender for contractors and said: “The result of tender will be reported by Total to POGC soon and it will be con...
Iran & Russia Sign Deal to Develop Two Oil Fields
3/14/2018 - Iran and Russia signed a deal to develop two oilfields in Iran, according to Iranian state TV. The National Iranian Oil Company signed a deal with Russia’s Zarubezhneft to develop the fields, accordin...
The Flare of 14th Phase’s Platform of South Pars Project Kindled
3/3/2018 - The 14th phase’s platform which was installed in reservoir block last month became operational and is pumping gas. HamidrezaMasuodi, the POGC manager of 14th phase development project announced achiev...
Iran to Hold Oil Tenders for $5b Projects in 2018
2/18/2018 - The National Iranian Oil Company (NIOC) says it will hold tenders for developing $5 billion worth of oil and gas projects in Iran during the new calendar year beginning on March 21. ...
Total Resolved to Continue Development of SP Phase 14
2/4/2018 - The French oil giant Total has seriously pursued the development of Phase 14 of the South Pars Gas Field and the subcontractors, mostly Iranian, will be announced soon, said Iran Oil Minister. ...
NIOC Reviews Wintershall Proposal for Developing Iran Oilfield
2/1/2018 - Germany"s energy major, Wintershall, has submitted its proposal for developing Iran"s Dehloran Oilfield to National Iranian Oil Company (NIOC), which is now studying the plan. ...
Three Oilfields Contracts will Be Finalized by the March 2018
1/30/2018 - Managing director of National Iranian Oil Company (NIOC) said Mansouri oilfield contract was finalized by the first half of March and two companies were selected for the development plan. Ali Karder r...
Gazprom Interested in Developing Four Gas Fields in Iran
1/30/2018 - Russian state-owned giant Gazprom is interested in developing four fields in Iran. The company is expected to submit official applications to participate in the projects by the end of March, revealed ...

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