Iran may agree to an increase in oil output by OPEC and its allies through producers who have overdelivered on cuts moving up to their quotas, Iranian Oil Minister Bijan Zanganeh said in an interview with CNN.
The spokesman for the Iranian parliament’ presiding board made assurances that France’s energy giant Total will never leave its major gas deal with Tehran.
Iranian companies have actively participated in the 10th edition of the Offshore Energy Exhibition & Conference (OEEC), which is considered Europe’s leading offshore energy event.
Iran’s Arvandan Shipbuilding Company plans to construct utility vessels for oil platforms for the first time.
The $5 billion gas deal reached with Total S.A. last month set a new tone for Irans energy industry and the country is now poised to seal new oil and gas agreements worth three times the gas deal with the French major.
An official with the National Iranian Tanker Company (NITC) said the country’s shipments to Europe were increasing on a daily basis, noting that the leading oil tanker operator planned to renovate its fleet.
Iranian Oil Minister Bijan Namdar Zangeneh said a long-delayed gas deal between Tehran and French oil major Total is expected to be signed soon.
Inpex, Japans largest upstream company, announced that it plans to bid in a tender recently launched by Iran to develop the country’s Azadegan oil field.
Iran’s Oil Minister Bijan Zanganeh says the country is in a stronger position to continue its oil policies after the re-election of President Hassan Rouhani this past Saturday.
Irans crude and condensate exports are expected to rise slightly in February, a report said.