National Iranian Oil Company

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Topic: National Iranian Oil Company

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	Iran's New Oil Disorder - Persian Journal Latest Iran news & Iranian Newspaper
		The Minister of Oil appointed seven deputies in charge of supervising the activities of various managers in the National Oil Company.
		Iranian oil being of such a monumental importance for the country's economic and political future, the new president's comments cannot be treated lightly.
		Mina: The fact of the matter is that the oil revenue which has exceeded 500 billion dollars since the revolution has not been properly invested in infrastructure, economic and industrial development, betterment of social welfare and the well-being of the Iranian population.
	www.iranian.ws /iran_news/publish/article_8640.shtml (2318 words)

	Iran Pahlavi Era - oil
		When during negotiations with the company failed, Iran nationalized the oil industry and subsequently the National Iranian Oil Company (NIOC), the first national oil company in the Middle East, was established in 1951 during the tenure of Prime Minister Mossadegh.
		One result of this was that NIOC became the second largest industrial corporation outside the U.S.A. and the eighth largest company in the world.
		These agreements, known as "exploration and development agreements", differed from the former contract-type agreements in that the contractor was not entitled to receive oil at privileged or unreasonably low rates such as tax-paid cost.
	www.sedona.net /pahlavi/oil-1.html (1103 words)

	Untitled Document
		National Iranian Drilling Company (NIDC) became operational with six drilling rigs in 1979 The number has now increased to 46, three of which are active in offshore regions.
		Ahvaz Pipe Mill (APM) is affiliated to the National lranian Oil Company and has nearly 30 years of experience in manufacturing oil and gas pipes with a capacity of up to 420,000 tons/year.
		In addition, NIOC has other departments or organizations that do not operate as firms due to the nature of their responsibilities, such as the Directorate of Exploration,Directorate of Corporate Planning and Directorate of International Affairs.
	nioc.org /publications/annualreports/98-99/public_annual_98_99_sec1.htm (801 words)

	Oil - All About All
		Oil is frequently used to refer to petroleum (crude oil), the type of oil that is pumped up from the ground and currently serves as a major energy source and important part of the world economy.
		Oil is a generic term for organic liquids that are not miscible with water.
		The term Foreign oil is used in the United States to refer to imported petroleum, a major point of concern since the 1973 energy crisis.
	www.allaboutall.info /article/Oil (164 words)

	IRVAJ English -
		State-owned National Iranian Oil Company (NIOC) announced the creation of Pars LNG which will be half owned by the National Iranian Oil Company with Total holding a 30 per cent share and Petronas a 20pc stake.The company plans to produce eight million tonnes per year of LNG and start production by 2009.
		Iranian oil Minister Bijan Zanganeh has said Iran is eying Asian markets for its LNG, particularly India.
		And it has eased fears that the return of hardliners to power in last week's Iranian parliamentary elections would temper enthusiasm for doing business with Iran.
	www.iranvajahan.net /cgi-bin/news.pl?l=en&y=2004&m=02&d=26&a=3 (516 words)

	Business Wire: National Iranian Oil Company -- NIOC -- Moves f... @ HighBeam Research
		National Iranian Oil Company (NIOC) is one of the major oil companies in the Middle East.
		National Iranian Oil Company -- NIOC -- Moves for Better Asset Utilization and Reduction of Operating Costs With Hyprotech.
		Hyprotech Europe Ltd. and the National Iranian Oil Corporation (NIOC) today announced a 20-year licensing agreement for the HYSYS suite of simulation software products.
	www.highbeam.com /library/doc0.asp?docid=1G1:73569752&refid=ink_tptd_np (910 words)

	GARP : Risk News : Risk eNews Article
		The National Iranian Oil Company (NIOC) is set to become one of the world's top two oil companies as soon as a master plan for improvement of systems and promotion of productivity at the Company is completed.
		NIOC is set to become one of the world's top two oil companies as soon as a master plan for improvement of systems and promotion of productivity at the Company is completed.
		Assali said that NIOC decided two years ago to launch an all-out study on boosting its efficiency and is strategizing to become one of the two major national oil companies in the world.
	www.garp.com /risknews/newsfeed.asp?Category=6&MyFile=2005-08-24-11351.html (483 words)

	Dr. Mossadegh, the Shah and the National Iranian Oil Company
		The British ownership and influence on the Iran's oil industry was terminated and the National Iranian Oil Company (NIOC), the first national oil company in the Middle East, was established on March 19th, 1951 (29th day of Esfand 1329, Persian calendar).
		Dr. Mossadegh, the Shah and the National Iranian Oil Company
		The Anglo-Iranian Oil Company was dissolved and the 1933 oil agreement between the Government of Iran (Reza Shah) and the British was cancelled.
	www.angelfire.com /home/iran/mossadegh.html (512 words)

	Yadavaran Field - Wikipedia, the free encyclopedia
		The remaining share of the oil field is owned by the National Iranian Oil Company.
		The field is estimated to have reserves of up to 17 billion barrels (2.7 km³) of oil, with 3 billion barrels (0.5 km³) considered to be recoverable.
		On October 29, 2004, Iran negotiated a $70 billion deal with Sinopec, giving the Chinese company a 51% stake in the field.
	en.wikipedia.org /wiki/Yadavaran_Field (273 words)

	National Iranian Oil Company rated 3rd among world's top oil companies
		Other regional companies include Kuwait Petroleum and Algeria's Sontrach, listed as equal 12th and Abu Shabi National Oil Company at 14th.
		Middle East and North African national oil companies continue to dominate the world list, which is headed by Saudi Aramco, whose revenue, although not a criteria, was Dlrs 10 bn more that the Dlrs 83.1 bn calculated by Dinar Standard.
		ExxonMobil of the US remains the top oil company in the west and second in the world, while Anglo-American BP moves up to joint second place and joint fifth in the world with Royal Dutch/Shell Group.
	www.payvand.com /news/04/dec/1244.html (336 words)

	Shell in the Middle East Latest News about Shell in the region
		Shell Exploration and the National Iranian Oil Company will work together to ensure that the value of the natural resources which lie in these major fields is realised.
		NIOC initially offered the Soroosh and Nowrooz fields to the international oil industry as two separate 'buy-back' projects, under which the successful tenderer would operate as a contractor employed by the operator (NIOC).
		First oil is expected in autumn 2001 at a rate of 60,000 b/d and full production of 100,000 b/d will be achieved upon completion of the permanent facilities.
	www.shell-me.com /english/latest-news2.htm (669 words)

	Iran Daily
		Oil is the lifeblood of the Iranian economy.
		The company is headed by Mohammad Souri, a mechanical engineer, who has held several top posts in the government such as acting deputy oil minister, deputy commerce minister and managing director of the Islamic Republic of Iran Shipping Company.
		Construction of 10 giant oil carriers, 4 Sways-Max oil carriers, 10 LNG carriers with 140,000 cubic meters capacity as well as 29 tankers for carrying chemical products are among objectives to be achieved during the plan period.
	www.iran-daily.com /1383/2217/html/focus.htm (1959 words)

	Alexander's Gas & Oil Connections - First phase of Iran’s Darkhoein oil field to come on stream soon
		An NIOC official was quoted as saying the company still has underscored the need to increase the contractor reward set by the buybacks to provide more incentives for the companies to take up the projects.
		The Darkhoein oil field is situated at 85 km south of Ahwaz and 35 km outside Iran's Persian Gulf ports of Abadan and Khorramshahr.
		He said the NIOC is authorized to apply the finance scheme for projects like increasing the production capacity of the fields, the development of the refineries and the reconstruction of the facilities.
	www.gasandoil.com /goc/company/cnm53399.htm (550 words)

	Alexander's Gas & Oil Connections - National Iranian Oil Company to sign field expansion contracts
		National Iranian Oil Company to sign field expansion contracts
		22-04-03 The NIOC intends to sign contracts ranging between $ 5-7 bn for the expansion of oil and gas fields in the current Iranian year (started March 21).
		Referring to NIOC's priority on the expansion of oil and gas fields, he said the goal set by NIOC is to boost this year's oil production capacity in the joint offshore and onshore fields by 1 mm barrels.
	www.gasandoil.com /goc/company/cnm32051.htm (374 words)

	IranExpert:The impact of energy sanctions on Iran’s petroleum sector
		Oil companies do not think Iran’s economy is in trouble as a result of the energy sanctions, but due to poor governance in Tehran.
		A July 2001 editorial in Oil and Gas Journal described the ILSA extension as “kicking the household cat because a stray mongrel bites a pedestrian down the road.” Energy cooperation with Iran should be regarded as a face-saving first step toward normalization of relations.
		The Iranian regime has shown signs that it can be reformed from within.
	www.iranexpert.com /2004/energy16february.htm (1140 words)

	IRAN Oil & Gas Resources
		National Iranian Oil Refining and Distribution Company (NIORDC)-Established in 1992, NIORDC is fully engaged in all aspects of crude oil refinement and distribution of oil products.
		Iranian Offshore Engineering & Construction Co. -Established in 1993, IOEC is a general contractor in offshore oil & gas projects.
		Iranian Association for Energy Economics (English/Persian)-Established in 1995, IRAEE aims at examining and researching projects regarding energy economics and energy-related issues.
	parstimes.com /Ioil.html (1654 words)

	Total concludes LNG agreement with National Iranian Oil Company
		Total concludes LNG agreement with National Iranian Oil Company
		Total is the fourth largest oil and gas company in the world with operations in more than 130 countries.
		In particular, this agreement organizes the relationship between the Pars LNG, which is in charge of liquefaction activities, and block 11 of South Pars (SP11) attributed to Total (60 percent) and Petronas (40 percent) to supply the LNG plant, according to a news release issued by Total.
	www.payvand.com /news/04/dec/1057.html (297 words)

	The Iranian Petroleum Summit
		This major international conference supported by the National Iranian Oil Company (NIOC) Financial Times and BP Exploration will examine new development opportunities in the Iranian Oil and Gas industry.
		, Managing Director, National Iranian Oil Company Kala, London and Member of the Board, European National Petrochemical Company
		In light of the NIOC project and contract announcements earlier this month, the SMi summit will examine ‘how to do business’ successfully in the region with key presentations from leading NIOC officials and foreign investors on the successful implementation of future tenders and projects.
	www.iraniantrade.org /smi.htm (257 words)

	Iran Country Analysis Brief
		Despite higher oil revenues, Iranian budget deficits remain a chronic problem, in part due to large-scale state subsidies on foodstuffs, gasoline, etc. Expenditures on fuels were estimated at $4.7 billion in 2004, and the country's parliament (the Majlis) has rejected measures to raise consumer prices.
		This latter project is significant as it is being privately financed and built by a regional - as opposed to national - company.
		Under Iranian law, foreign companies are permitted to own no more than 49 percent of Iranian oil refining assets.
	www.eia.doe.gov /emeu/cabs/iran.html (8696 words)

	August 6
		The Iranian Government, the National Iranian Oil Company and the negotiators representing a consortium of eight oil companies have reached accord on necessary points of an agreement which will restore the flow of Iranian oil to world markets in substantial quantities.
		These companies will receive the necessary rights and powers from the Government and the National Iranian Oil Company and exercise them on their behalf to the extent specified in the agreement.
		Through payments to the National Iranian Oil Company and application of Iranian tax laws, it has been estimated that total direct income to Iran from increased scale of operations for the first three full years, following a starting-up period of three months, will be £150,000,000 on the basis of present prices and costs.
	www.irvl.net /august_6a.htm (1370 words)

	National Iranian Oil Company Company Profile - Zawya.com Company Directory
		Annual revenues at current oil prices could hit $51 billion in 2004, earning the company the second spot in the league of major companies in the Middle East behind Saudi Aramco.
		NIOC is one of the biggest oil companies in the world and the second largest producer within OPEC, with a daily output of around four million barrels.
		The company accounts for 80% of Iran's export revenues and almost one-half of the country's budget revenues.
	www.zawya.com /cm/profile.cfm/cid1002385 (176 words)

	National Iranian Oil Refining and Distribution Company Project
		NIORDC (Ltd) established in 1980 according to the context of article no.5 of National Iranian Oil Company (NIOC)'s constitution and its constitution was confirmed by the company's general assembly in March 1992.
		Company's share representative in general assembly is held by NIOC administrative board.
		At the time being, refineries all over the country (9 refineries) with the nominal capacity of 1300bpd, pipelines with transfer capacity of 1400bpd and all the gas stations and oil products distribution centers are supervised by NIORDC and by 1999 more than 35000 people have been working to afford the mentioned activities.
	www.rayvarz.com /english/casestudy/niordc.htm (632 words)

	National Iranian Oil Company keen to sell 15 percent in Chennai Petroleum
		Chennai Petroleum Company Ltd (CPCL), an Indian Oil (IOC) subsidiary in which National Iranian Oil Company (NIOC) holds 15 percent equity in CPCL is keen to offload its stake in the company, following IOC’s acquisition of CPCL.
		Get out of oil sector by 2005, reforms panel tells Indian Govt.
		Indian Oil Corporation to retail auto fuels in Sri Lanka
	www.india-invest.com /news/National_sub.html (193 words)

	BG waves away National Iranian Oil Company LNG plan - Zawya.com Middle East Business News
		The BG Group has dropped a proposal for the joint-venture National Iranian Oil Company (NIOC) liquefied natural gas project in Iran after three years of negotiations and has opened talks on a new proposal for two liquefaction trains at Bandar Torkan.
		Officials at the National Iranian Gas Export Company (Nigec) could not be contacted to clarify the statement made by Deputy Oil Minister Hadi Nejad-Hossainian.
		BG waves away National Iranian Oil Company LNG plan - Zawya.com
	www.zawya.com /Story.cfm?storyid=ZAWYA20050612095033 (649 words)

	No. 01-F 07
		Sinopec, the Chinese oil giant, and the National Iranian Oil Company (NIOC) signed an agreement to explore oil in Zavareh, Kashan, 205 kilometers south of Tehran.
		In 1995, Conoco Inc., the fourth-largest U.S. oil company, had to annul a $550 million contract to develop two oil and gas fields offshore Iran because of a U.S. government order.
		Rival China National Petroleum Co., parent of PetroChina Co., has signed more than 20 contracts since 1997 with companies and governments in Peru, Sudan, Iraq, Venezuela and Kazakhstan to drill for an estimated 400 million tons of oil and gas reserves.
	www.security-policy.org /papers/2001/01-F07.html (690 words)

	PM - Oil demand will soon outstrip supply: industry planner
		MARK COLVIN: Doctor Ali Samsam Bakhtiari, Vice President of the National Iranian Oil Company, speaking to me on the line from Perth where he is speaking at the Sustainable Transport Coalition's conference on living with less oil.
		Dr Ali Samsam Bakhtiari is a senior planning expert with the National Iranian Oil Company and he's in Australia to warn that the world's demand for oil is now close to outstripping supply.
		MARK COLVIN: And if, for instance there is a big problem in Russia at the moment between the Government and the Yukos Oil Company, and that Yukos produces something like two per cent of the world demand, I understand.
	www.abc.net.au /pm/content/2004/s1172404.htm (1057 words)

	مشروح اخبار بولتن روزانه بازرگاني
		Director of Research and Development Department of the National Iranian Oil Company told Petroenergy Information Network that the main requisite for bolstering bilateral cooperation is to use domestic manpower within frame of big projects alongside the foreign specialists to facilitate technology transfer.
		Mohammad Ali Emadi noted that most companies active in upstream oil projects are cooperating with National Iranian Oil Company’s Research and Development Department.
		He noted that an international consortium has been set up comprising the National Iranian Oil Company, Statoil, Norsk Hydro, BP, TOTAL, and Petronas companies to boost their cooperation in applied research related to increasing output from the Iranian fields.
	www.irtp.com /news/2004/text.asp?idnewsID=4199 (217 words)

	Iran Oil Gas Network
		Iranian oil, gas and petrochemical projects are not only sizeable, but are in fact huge.
		All oil, gas and petrochemical projects underway in Iran are enumerated.
		All latest local tenders for oil, gas and petrochemical projects are reproduced with all needed details.
	www.iranoilgas.com (523 words)

	RIGZONE - NIOC
		Monday, April 21, 2003 - National Iranian Oil Company intends to sign contracts ranging between 5-7 billion dollars on expansion of oil and gas fields this year.
		Tuesday, December 07, 2004 - Total has concluded an agreement with the National Iranian Oil Company setting the framework of the future Pars Liquefied Natural Gas project and its main commercial terms.
		Tuesday, September 16, 2003 - Total says that the Balal field offshore Iran has reached a production level of 40,000 bpd and the operatorship of the platform has been transferred to the National Iranian Oil Company.
	www.rigzone.com /news/company.asp?comp_id=179 (502 words)

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