NIOC: 24 MoUs for signature with international oil executives
Deputy Managing Director of National Iranian Oil Company (NIOC) Gholamreza Manouchehri said on Monday that some 12 Memorandums of Understanding have been signed with foreign oil executives so far and 12 other MoUs will be signed soon. The official said that low risk and expense for production of oil and…
Iran calls for foreign, domestic investment in oil, gas industry
Iran encourages foreign and domestic investments in oil and gas industry, the Managing Director of Iran’s Petrochemical Industry Investment Company (PIIC Group) Fereidoun Fadaei Dolat said on Friday. Speaking to IRNA, he said that after removal of sanctions, Iran has prepared the ground for joint venture investments of the European…
Romania asks for broadening of ties with Iran in oil, gas industries
Governor-General of Romania’s Prahova Province in a meeting with Iranian ambassador to Bucharest underlined the need for the expansion of bilateral ties between the two countries in different areas, specially in oil, gas and agro industries. ‘Prahova province is the biggest oil-rich province of Romania and the country’s oil university…
Post-sanctions Iran set to develop oil, gas industry
Deputy Petroleum Minister for International Affairs and Commerce Amir-Hossein Zamani-Nia said Iran is determined to develop its oil and gas industry because the country’s production is not proportionate with its hydrocarbon reservoirs. “Iran’s oil industry needs investment, technology and management transfer in the industry’s various sectors in the post-sanctions era,”…
