EghtesadOnline: Iran is likely to finalize a number of new contracts with foreign companies to develop oil and gas fields in the next three to four months, Amir-Hossein Zamaninia, Iran’s deputy oil minister for trade and international affairs, said.
EghtesadOnline: Iran sees an unprecedented opportunity for international companies to operate in its oil industry, despite uncertainty over potential new sanctions from the United States, a deputy at the National Iranian Oil Company said.
EghtesadOnline: Negotiations to develop two oilfields in the southern Khuzestan Province, namely Shadegan and Karanj, will be finalized by the end of the current fiscal that ends in March 2018, the National Iranian South Oil Company's director of technical affairs said.
EghtesadOnline: Transfer of technology is an indispensable part of Iran Petroleum Contract, the new model of oil contracts for developing Iran's oil and gas fields, as the country needs cutting-edge know-how and equipment to offset the natural decline in extraction from aging oil and gas reservoirs, deputy for engineering and development at the National Iranian Oil Company said.
EghtesadOnline: Iranian oil minister Bijan Namdar Zanganeh announced that Tehran is expected to sign 10 new oil deals by the end of this fiscal year in March 2018.
EghtesadOnline: Iran’s Petroleum Minister Bijan Zanganeh says every new agreement with a foreign company over the development of the country’s oil and gas projects shows that US policies against the Islamic Republic are already failing.
EghtesadOnline: Since most western sanctions on Iran were lifted early last year, Tehran has endeavored to restore its oil exports to a pre-sanction level and attract foreign investments in its energy sector.
EghtesadOnline: Iran says it expects to attract as much as $15 billion in foreign investments into its oil and gas projects before next April.
EghtesadOnline: The Iranian government is negotiating oil projects worth $200 billion with 27 foreign companies, deputy minister for international affairs, Amirhossein Zamaninia, said on Tuesday, and some of those deals could be struck very soon.
EghtesadOnline: Asian and European companies are negotiating participation in Iran’s oil and gas development projects which need $200 billion worth of investment, according to Minister of Petroleum Bijan Zangeneh.