Total:6
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2026-01-19 15:27
NIOC to offer 12% of the country's crude oil processing to private sector
TEHRAN - The investment and business manager of the National Iranian Oil Company (NIOC) said with the implementation of skid-mounted oil processing unit (SOPU) projects under the Public- Partnership (PPP) model, 12 percent of the country's crude oil processing will be carried out by the private sector.
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2026-01-17 15:03
NIOC inks contracts worth over $2.5b with private sector
TEHRAN- National Iranian Oil Company (NIOC) signed contracts worth more than $2.5 billion with the private sector companies on Thursday, January 15.
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2025-10-18 16:29
$800m allocated for renovation, modernization of NIDC’s drilling fleet, equipment
TEHRAN- The managing director of the National Iranian Oil Company (NIOC) emphasized the need to update the rigs and operational equipment of the National Iranian Drilling Company (NIDC) and stated that $800 million has been allocated for the renovation and modernization of this company's drilling fleet and equipment.
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2025-10-10 14:32
NIOC begins development of new Pazan oil and gas field
TEHRAN – The National Iranian Oil Company (NIOC) has launched the development of the newly discovered Pazan oil and gas field, which officials say could play a key role in easing the country’s energy imbalance by supplying gas to four provinces.
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2025-10-08 12:53
NIOC vows legal action after UK court upholds asset seizure linked to Crescent dispute
TEHRAN – The National Iranian Oil Company (NIOC) said it will continue legal efforts through international and domestic channels to overturn a UK appeals court ruling that upheld the seizure of a London property belonging to the Oil Industry Pension Fund.
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2025-06-24 13:16
Iran's oil output uninterrupted despite tensions: NIOC
TEHRAN - Despite recent days of heightened tensions following Israeli’s imposed war, Iran's daily oil production has continued without disruption and all oil installations remain operational, according to the National Iranian Oil Company (NIOC).