Iran to hold $5B in O&G tenders in 2018

February 16, 2018 0

National Iranian Oil Company (NIOC) is planning to hold a number of tenders this year, aimed at developing oil and gas projects worth $5 billion, managing director Ali Kardor said on Wednesday.

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BP won’t jump to commit to Kirkuk: CEO

February 7, 2018 0

BP is studying the Kirkuk field in northern Iraq, as requested by the Iraqi government, but “will not jump in with commitments,” company CEO Bob Dudley told analysts Tuesday, Kallanish Energy reports.

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Gazprom to submit Iranian gas plans in March

January 30, 2018 0

Russia’s natural gas giant Gazprom will present the results of ongoing studies for the development of four gas fields in Iran by late March, Iranian oil minister said on Saturday, Kallanish Energy reports.

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Iran plans to increase oil output capacity by 1.7 MMBPD

January 30, 2018 0

Iranian oil minister Bijan Zangeneh said Saturday the country will increase its oil production capacity by at least 1.7 million barrels per day (MMBPD) providing Tehran is successful in reaching deals with foreign partners, Kallanish Energy learns.

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OPEC’s 2017 crude output average 32.39 MMBPD

January 19, 2018 0

Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) fell by 250,000 barrels per day (BPD) in 2017, which is less than 1%, to average 32.39 million barrels per day (MMBPD).

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Iran gas exports to Basra to start before March

January 9, 2018 0

Iranian gas exports to Iraq’s Basra may start within the next two months, as long as the Iraqi government makes the necessary arrangements and repairs to the infrastructure, the National Iranian Gas Company (NIGC) said on Monday.

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