Jul 20, 2004 · A list of some 40 onshore and offshore fields currently producing in Iran is given in Table 6. Jun 6, 2022 · The Iran Oil Consortium set up two companies, "The Iranian Oil Exploration and Producing Company" and "The Iranian Oil Refining Company", operating in 254,112 square kilometers of what formerly Sep 18, 2019 · On the occasion of government Week, Managing Director of Khazar Exploration and Production Company (KEPCO) Dr. Upstream Oil & Gas (1) well 308 (1) well control (1) wellbore (1) Industry. Jan 1, 2020 · Khazar Exploration and Production Company (KEPCO), a subsidiary of National Iranian Oil Company (NIOC) which handles exploration operation in the Caspian Sea region in northern Iran, has announced the start of two major projects within areas run by the company. 5% uptime of the facilities. It is an independent upstream oil and gas company. 20 hours ago · KEPCO amid many other companies is a subdivision of National Iranian Oil Company (NIOC) founded in January 1998. ); (2) Iraanse Aardolie Raffinage Maatschappji, N. National Iranian Oil Company | 13,336 followers on LinkedIn. Our Values. Russian integrated energy company Rosneft is the second-largest producer of oil in the world, as well as the world’s largest publicly-traded petroleum company, with a production rate of over 4. NIOC lacked influence over the production, refining, and export of Iranian crude oil and products. The state-owned National Iranian Oil Company (NIOC), under the supervision of the Ministry of Petroleum, is responsible for all upstream oil projects, encompassing both production and export infrastructure. Published reports indicate that the cumulative crude oil production of Iran was nearly 54 billion barrels up until the end of 2002 (OPEC, Annual Statistical Bulletin, 2002). The president of Iran chairs the Supreme Energy Council, which was established in July 2001 to oversee the energy sector. The company carries the activities of exploration, production and development of oil and gas fields. is an independent oil and gas exploration and development company listed on the Qualified Iranian E&P Companies by Ministry of Petroleum. Both are incorporated under Netherlands law. According to this agreement, the implementation date of which was set for March 21, 1973 and its duration was twenty years, the National Iranian Oil Company, in addition to the absolute ownership of oil facilities and reserves, had full control of oil industry operations in the field of contract, including exploration, development, investment Jan 1, 2024 · National Iranian South Oil Company (NISOC) Iranian Central Oil Fields Company (ICOFC) Khazar Exploration and Production Company (KEPCO) Iranian Offshore Oil Company (IOOC) Pars Oil and Gas Company (POGC) Petroleum Engineering and Development Company (PEDEC) Arvandan Oil and Gas Company (AOGC) National Iranian Gas Company (NIGC) National Iranian Oil Company Iran: North Oil Company Iraq: South Oil Company: Missan Oil Company: Midland Oil Company: Delek Israel: Isramco: Modiin Energy: Eneos Japan: Inpex: JAPEX: KazMunayGas Kazakhstan: Kuwait Petroleum Corporation Kuwait: Consolidated Contractors Company Lebanon: Petronas Malaysia: Petroleum Development Oman Oman: Oil and Aug 23, 2022 · Exploration & Production - E&P: An exploration & production (E&P) company is in a specific sector within the oil and gas industry — companies involved in the high-risk/high-reward area of Canada-based Canadian natural resources ltd is the leading exploration & production company in the world by reserves. -Iranian hostage crisis between November 1979 and January 1981. Iran is one of the founding members of OPEC, which was established in 1960. May 24, 2024 · Dorood is a producing conventional oil field located in shallow water in Iran and is operated by Iranian Offshore Oil. Listed by the European Union on October 16, 2012 as an entity involved in nuclear or ballistic missile activities or providing support to the government of Iran; removed from the E. At the present Jun 11, 2018 · The second largest producer of oil among Organization of the Petroleum Exporting Countries (OPEC) companies in 2003, state-owned National Iranian Oil Company (NIOC) boasts about 7 percent of the world's total oil reserves. At the present An area described in an annex to the agreement is exclusively allotted to them so that they may embark upon the operations laid down in the agreement (Article 3). Some of the major players are the National Iranian Oil Company, Petropars Ltd, MAPNA Group, Khazar Exploration. According to Iranian news service Shana, a 16-in. Jun 8, 2022 · KEPCO amid many other companies is a subdivision of National Iranian Oil Company (NIOC) founded in January 1998. Iran’s contribution to the total world crude oil production is shown in Oct 29, 2018 · He then provides examples of oil workers’ protests: the strike at the refinery of Haifa and the sabotage of the Kirkuk-Haifa pipeline in 1936; the strikes of 1946 and 1948 in the Kirkuk oil fields and in the K3 pumping station near Hadithah, which radicalized a rising labor movement that played an important role in the July 1958 revolution in Iraq; the strike at the refinery of Haifa in 1947 Dec 13, 2023 · British oil company BP is involved in oil and petrochemical exploration, production, and supply. At the same time, we will expand our presence and extend the production profile of existing assets through near field exploration. West African Exploration and Production Company Limited has been a strategic partnership between Dangote Exploration Assets Limited (80%), Dansa Energy Resources Limited (5%) and First Exploration and Petroleum Development Company Limited (15%). list in January 2016 as part of the Joint Comprehensive Plan of Action; sanctioned by the government of Canada, restricting business and Eroton Exploration & Production Company | 5,705 followers on LinkedIn. Volume production of Persian oil products eventually started in 1913 from a refinery built at Abadan, for its first 50 years the largest oil refinery in the world (see Abadan Refinery). We believe that 'Excellence' depends on continuous quality improvement in people, processes and products. At the present Aug 29, 2017 · PTT Exploration and Production engaged in exploration and development of Iran's Saveh block natural gas field, signing a 25-year contract in 2005 for a 100% stake in the Saveh block (GAO Report 2010, "Firms Reported in Open Sources as Having Commercial Activity in Iran’s Oil, Gas, and Petrochemical Sectors"). Contact Details. Evolving as the First Private E&P Company in Iran with Unique Excellence | Pasargad E&P Co. Enter a default description about your portal here. National Iranian Oil Company (NIOC) has since 1951 been tasked with arranging petroleum industry activities including exploration, drilling, production, research and development, oil and gas exports, and associated policymaking. The company is one of the largest oil firms in the world with huge hydrocarbon reserves. is an independent oil and gas exploration and development company cleared as an Iranian E&P company by the Ministry of Petroleum to partner international oil companies interested in Iran's oil and gas sector under the Iranian Petroleum Contract (IPC) and NISOC model of contracts. 0 million b/d between 1972 and 1978, and production topped 6. About Us Pasargad Exploration & Production | 8,056 followers on LinkedIn. Contact Details 205 Abiola Segun St, Off Muri Okunola St, Victoria Island, Lagos, Nigeria Jan 26, 2018 · The Gostaresh Iranian Oil and Gas Industries Development Company (Idro-Oil) has been registered with the aim of activities in the field of exploration and production (E & P) of the oil and gas NIOC (Tehran) – The National Iranian Oil Company managing director said on Friday NIOC plans to invest more than $70 billion in the coming years to increase the country’s gas production capacity to 1. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Dorood, with water depth of 164 feet. NIOC, with a vast amount of oil and gas resources, is one of the world’s largest oil companies. The National Iranian Oil Company (NIOC,) overseen by Iran’s Ministry of Petroleum, is exclusively responsible for Iran’s crude oil and gas exploration and production operations, as well as research projects leading to the development of new oil fields. On April 14, 1909, a new company, the Anglo-Persian Oil Company, replaced the Concessions Syndicate Ltd. Amin Gholami: Iranian Offshore Oil Company, Iran Amin Shokrollahi: The University of Adelaide, Australia Changhyup Park: Kangwon National University, South Korea Debotyam Maity: Gas Technology Institute, USA Erfan Hosseini: National Iranian Oil Company, Iran Fengrui Sun: China University of Petroleum, Beijing, China Jun 11, 2018 · The second largest producer of oil among Organization of the Petroleum Exporting Countries (OPEC) companies in 2003, state-owned National Iranian Oil Company (NIOC) boasts about 7 percent of the world's total oil reserves. Dec 6, 2016 · PTTEP, an oil and gas exploration and production company based in Thailand, will carry out preliminary studies over Changuleh, Balal and Dalpari oil fields in the south, Iran's oil ministry's news National Iranian Oil Company (NIOC) has since 1951 been tasked with arranging petroleum industry activities including exploration, drilling, production, research and development, oil and gas exports, and associated policymaking. 0 million b/d in 1974. Iran set a goal of increasing its natural gas production capacity to 300 billion cubic meters by 2015 while keeping oil production stable. list in January 2016 as part of the Joint Comprehensive Plan of Action; sanctioned by the governments of Canada and Australia,restricting business and financial transactions with the entity and/or freezing Since 1951, National Iranian Oil Company (NIOC) has been directing and making policies for exploration, drilling, production, research and development, refining, distribution and export of oil Iran set a goal of increasing its natural gas production capacity to 300 billion cubic meters by 2015 while keeping oil production stable. Feb 26, 2014 · TEHRAN, Iran – Khazar Exploration and Production Co. Jul 28, 2008 · Vietnam's state-run Petrovietnam Exploration Production Corporation is to start work on the exploration and development of the Danan oil block in Iran on 1 August, as part of a four-year deal agreed with National Iranian Oil Company (NIOC). S. Highlight matches. Canada-based Canadian natural resources ltd is the leading exploration & production company in the world by reserves. Jun 17, 2024 · Since 1951, National Iranian Oil Company (NIOC) has been directing and making policies for exploration, drilling, production, research and development, refining, distribution and export of oil, gas, petroleum products. Since 1951, National Iranian Oil Company (NIOC) has been directing and making policies for exploration, drilling, production, research and development, refining, distribution and export of oil On 14 April 1909, Burmah Oil created the Anglo-Persian Oil Company (APOC) as a subsidiary and also sold shares to the public. Jan 10, 2018 · Top 10 Oil & Gas Companies: 2018. Our production engineering team has setup a world class processing facility to separate Oil, Water and Gas, ensuring 99. May 28, 2024 · This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide. KEPCO is an authority in exploration, development and production of oil and gas in Iran concerning South Caspian Sea and three littoral provinces of Golestan, Mazanderan and Gilan in Iran. Jan 10, 2020 · Based on Iran's sixth development plan, the country's oil and gas industry requires an investment of about $200bn¹ in the next five years to increase production. Formed in 2000, they were initially an oilfield services company and ventured into field development in 2008. Exploration and production. Iran’s oil production averaged more than 5. 9% over FY2020. The company refines and sells petroleum products, including chemicals such as acetic acid, ethylene Sterling Oil Exploration & Energy Production Company has 5 employees at their 1 location. The company reported revenues of $23,978 million for the fiscal year ended December 2021 (FY2021), an increase of 77. The latter company runs the Abadan refinery. Iran Oil and Gas Exploration and Production Market is poised to grow at a CAGR of 2% by 2027. Iran’s contribution to the total world crude oil production is shown in National Iranian Oil Company (NIOC) has since 1951 been tasked with arranging petroleum industry activities including exploration, drilling, production, research and development, oil and gas exports, and associated policymaking. ). Production from this field is expected to begin in 2027 and is forecasted to peak in 2033, approximately at the rate of 0. Jan 13, 2016 · A subsidiary of the National Iranian Oil Company (NIOC) involved in oil exploration and production; sanctioned by the European Union in October 2012; removed from the E. (Iranian Oil Exploration and Producing Company, N. Jun 11, 2018 · The second largest producer of oil among Organization of the Petroleum Exporting Countries (OPEC) companies in 2003, state-owned National Iranian Oil Company (NIOC) boasts about 7 percent of the world's total oil reserves. Dec 22, 2017 · Info: A subsidiary of the National Iranian Oil Company (NIOC) involved in oil exploration and production; Explores for and produces oil and gas in the Caspian Sea, as well as the Golestan, Mazanderan and Gilan provinces of Iran; signed an agreement with Iranian Marine Industrial Company (SADRA) to construct floating vessels and platforms in the Caspian Sea; reportedly collaborates with China Pasargad E&P Co. Eroton is an independent oil and gas producing company with its Aug 23, 2021 · “If the initial estimates are confirmed and exploration success is achieved, the Iranian sector of the Caspian Sea will play a significant role in gas exports to Europe in the near future, in which case Iran's new gas hub will be formed in the north to let the country supply 20 percent of Europe's gas needs from this region,” KEPCO Head Ali Osouli said. com Iran set a goal of increasing its natural gas production capacity to 300 billion cubic meters by 2015 while keeping oil production stable. 2mbbl/day. N. 37mmboed of crude oil and natural gas. A wholly-owned subsidiary of National Iranian Oil Company. Ali Osouli pointed to the activities and performance of his company and added, “as the largest lake in the world, Caspian Sea accounts for about 40 percent of total lake area of the world in terms of rich oil and gas reserves. World-class hydrocarbon extraction with indigenous partnership | Eroton is a major player in the upstream segment of the Oil and Gas sector in Nigeria. Oil production fell 75 percent between 1979 and 1981. V. It is an exploration and production (E&P) and oilfield services company operating in Middle East and Asia. National Iranian Oil Company | 13,348 followers on LinkedIn. 5 billion cubic meters per day (bcm/d). Dana Energy (Persian: شرکت انرژی دانا) is a private oil and gas company headquartered in Tehran, Iran. Mar 14, 2016 · Responsible for Iran's crude oil and gas exploration and production operations; carries out research and development projects leading to development of oil fields, technology transfer, and preservation of oil and gas reservoirs. , with a capital of £2 million, registered in London. To do this the parties will set up, in accordance with Article 5 of the contract, a company called the Iranian Canada Oil Company (hereinafter called ‘IRCAN’). The following years were bleak ones for the company. 205 Abiola Segun St, Off Muri Okunola St, Victoria Island, Lagos, Nigeria +234 90 7000 2300 ; info@stoilmgt. (KEPCO) has resumed exploration in the Iranian sector the Caspian Sea on the Sardar-e-Jangal field. Jun 6, 2023 · Pazan is located in Fars, Iran. The disruption caused by the revolution was followed by the imposition of trade sanctions by the United States and other industrial countries during the period of the U. About Iranian Offshore Oil Iranian Offshore Oil Co (IOOC), a subsidiary of National Iranian Oil Co, is an oil and gas exploration and production company. The majority of our capital allocation will be focused (80%) on core positions, with 70% in Deep water to expand our presence and extend the production profile of existing assets through near field exploration (NFE). The Iranian government, to National Iranian Oil Company (NIOC) has since 1951 been tasked with arranging petroleum industry activities including exploration, drilling, production, research and development, oil and gas exports, and associated policymaking. (Iranian Oil Refining Company, N. The National Iranian Oil Company (NIOC; Persian: شرکت ملّی نفت ایران, romanized: Sherkat-e Melli-ye Naft-e Īrān) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. We explore and produce oil and gas in an onshore swampy terrain in the Niger Delta area of Nigeria. U. Iranian Oil Exploration and Producing Company, Iran SPE Disciplines. ” May 14, 2019 · 2) Rosneft – 42,17,780bbl/day. To achieve this capacity, the government has planned a joint investment worth US$100 billion in the oil and gas industry through 2015. National Iranian Oil Company | 12,671 followers on LinkedIn. liner is now installed in the second well, which is currently at a reservoir depth of 1,600 m (5,249 ft). Since the 1970s, Iran's oil production has varied greatly. See insights on Sterling Oil Exploration & Energy Production Company including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. May 20, 2024 · About Iranian Offshore Oil Iranian Offshore Oil Co (IOOC), a subsidiary of National Iranian Oil Co, is an oil and gas exploration and production company. D’Arcy remained its director until his death in 1917. Two companies owned by IOP--the Iranian Oil Exploration and Producing Company and the Iranian Oil Refining Company--operated the assets formally owned by NIOC, to whom they were officially appointed as contractors. Since 1941, the National Iranian Oil Company (NIOC) has been responsible for organizing and policy-making activities of the oil industry, including exploration, drilling, production, research and development, as well as oil and gas exports. May 28, 2024 · Other Contractors: Monenco Iran Consulting Engineers, Iranian Offshore Engineering and Construction, Tehran Raymand Consulting Engineers, Faran Process & Energy and Intelligent Solutions. The Masjid Suleiman discovery had enormous commercial and geopolitical implications. As required by Iranian law, each Consortium member company set up a Trading Company registered in Iran. This field is owned by National Iranian Oil Co and operated by Iranian Central Oil Fields Co. Since 1951, National Iranian Oil Company (NIOC) has been directing and making policies for exploration, drilling, production, research and development, refining, distribution and export of oil, gas, petroleum products. . qc wb lv zm fq sw ob eb xo ht