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3 posts tagged with "national-iranian-oil-company-nioc"

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Contracts worth 136b for development of oil gas fields kick off

· 3 min read

Contracts worth $13.6b for development of oil, gas fields kick off​

TEHRAN- The Director of Engineering and Development of the National Iranian Oil Company announced the ratification and start of executive operations of five oil and gas field development contracts worth $13.6 billion in the 14th government, and said: With the implementation of these contracts, daily production capacity will increase by more than 600,000 barrels of oil and 30 million cubic meters of gas.

Contracts worth $13.6b for development of oil, gas fields kick off

Iran discovers major gas field Takhteh in Fars province worth 45b

· 3 min read

Iran discovers major gas field "Takhteh" in Fars province worth $45b​

TEHRAN- The Exploration Director of the National Iranian Oil Company (NIOC) has announced that the newly discovered "Takhteh" gas field in Fars Province has an estimated economic value of approximately $45 billion, describing it as one of the most significant gas discoveries in the country over the past two decades.

Iran discovers major gas field "Takhteh" in Fars province worth $45b