EghtesadOnline: The National Iranian South Oil Company, a subsidiary of state-owned National Iranian Oil Company, signed two contracts, worth $1.2 billion, on Tuesday with two domestic companies on preventing the flaring of associated petroleum gases from oilfields in the east Karoun region, Khuzestan Province.
EghtesadOnline: The National Iranian South Oil Company has renovated three of its oil pumping stations to boost the transfer of crude to refineries and export terminals, the state-owned company’s managing director said.
EghtesadOnline: National Iranian South Oil Company can implement complicated technological projects in cooperation with domestic academic centers namely the Academic Center for Education, Culture and Research, NISOC’s managing director said on Wednesday.
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: The National Iranian South Oil Company has devised plans to expand 27 hydrocarbon reservoirs in the oil-rich Khuzestan Province by raising $4.3 billion in finances, the planning manager of NISOC said.
EghtesadOnline: The National Iranian South Oil Company is appraising the proposals of foreign and domestic oil firms for developing four oilfields in the southern oil-rich province of Khuzestan, the company's chief executive officer said, hoping that the first deal will be signed by the yearend.
EghtesadOnline: National Iranian South Oil Company aims to increase the recovery rate of its oilfields by as much as 20%, the company's chief executive officer says.
EghtesadOnline: National Iranian South Oil Company (NISOC) has newly offered an oil field for international investment under Iran Petroleum Contracts (IPC) model, a monthly affiliated to Iran's Ministry of Petroleum reported.
EghtesadOnline: In line with efforts to boost production from hydrocarbon reserves in Khuzestan Province, plans are in place to raise recovery factor from the oilfields in the region by a maximum of 20%, managing director of the National Iranian South Oil Company said.
EghtesadOnline: The National Iranian South Oil Company may hold a tender for one or several oilfields in the fourth quarter of this year or the first three months of 2018 using its customized model of contracts, the company's CEO said.