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Tag Archives | National Iranian South Oil Company (NISOC)

Basra Oil Company signs MoU with Iran

By on 14th February 2023 in Iraq Oil & Gas News

By John Lee. The National Iranian South Oil Company (NISOC) has signed a memorandum of cooperation with Basra Oil Company (BOC). Alireza Daneshi, NISOC CEO, said: "This document paves the way for enhancing cooperation between Iran and Iraq in the field of oil and it is a good opportunity to strengthen the relationship between the […]

Iran's $1.4bn Deal for Oilfields near Iraq Border

By on 11th February 2020 in Iraq Oil & Gas News

By John Lee. The National Iranian Oil Company (NIOC) has agreed a $1.4-billion deal to develop two oilfields in Khuzestan, near the border with Iraq. The National Iranian South Oil Company (NISOC) and Iran's MAPNA Group signed a ten-year contract within the IPC framework, to improve the recovery rate, increase production and exploitation of the […]