The National Iranian Oil Company is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consortium Agreement of 1954. NIOC ranks as the world's second largest oil company, after Saudi Arabia's state-owned Aramco.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue.
The Ministry of Petroleum (MOP) (Persian: وزارت نفت, romanized: Vezârat-e Naft) manages all aspects of the Iranian oil industry, including the discovery, extraction, production, distribution, and importation and exportation of crude oil and petrochemical products. The Ministry has been sanctioned by the United States Department of State since 2020.
The Azadegan oil field is an oil field in Iran. It is located 80 kilometres (50 mi) west of Ahvaz, near the Iraqi border.
Marun Field is an oil field in the Khuzestan province of Iran and is the second-largest oil field in Iran. The field was discovered in 1963, and owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
Proven oil reserves in Iran, according to its government, rank fourth largest in the world at approximately as of 2013, although it ranks third if Canadian reserves of unconventional oil are excluded. This is roughly 10% of the world's total proven petroleum reserves. At 2020 rates of production, Iran's oil reserves would last 145 years if no new oil was found.
The Iranian Offshore Oil Company is a subsidiary of the National Iranian Oil Company. IOOC, an independent legal entity, is based in Tehran and operates in southern Iran. Its activities cover important areas of the Persian Gulf and its main operations are in Bushehr Province and on Kharg Island, Sirri Island and Lavan Island.
Iran is an energy superpower and the petroleum industry in Iran plays an important part in it. In 2004, Iran produced 5.1 percent of the world's total crude oil, which generated revenues of US$25 billion to US$30 billion and was the country's primary source of foreign currency. At 2006 levels of production, oil proceeds represented about 18.7% of gross domestic product (GDP). However, the importance of the hydrocarbon sector to Iran's economy has been far greater. The oil and gas industry has been the engine of economic growth, directly affecting public development projects, the government's annual budget, and most foreign exchange sources.
Ahvaz Field is a super-giant oil field located in Ahvaz, Khuzestan, Iran. It was discovered in 1953, developed by Anglo-Persian Oil Company and began production in 1954. Ahvaz field is one of the richest oil fields in the world with an estimated proven reserves around 65.5 billion barrels, and production is centered on 750,000 barrels per day (119,000 m3/d). The field is owned by National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Gachsaran oil field is an Iranian oil field located in Kohgiluyeh and Boyer-Ahmad Province and is around Gachsaran city or Dogonbadan. It was discovered in 1928 and developed by Anglo-Persian Oil Company. It began production of crude oil in 1930. The total proven reserves of the Gachsaran field are around 52.9 billion barrels (9394×106 tonnes), and production is centered on 560,000 barrels per day (89,000 m3/d). The field is owned by National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Aghajari oil field is an iranian oil field located in Khuzestan Province. It was discovered by Anglo-Persian Oil Company in 1938 and developed by National Iranian Oil Company. It began production in 1940 and produces oil. The total proven reserves of the Aghajari oil field are around 30 billion barrels (3758×106tonnes), and production is centered on 170,000 barrels per day (27,000 m3/d). The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC). Aghajari Gas Injection Project is aimed at boosting production from this aging field.
The National Iranian South Oilfields Company (NISOC) is a government-owned corporation under the direction of the Ministry of Petroleum of Iran, and operates as a subsidiary of National Iranian Oil Company.
Bijan Allipour was an Iranian business executive and upstream oil and gas expert. He was an advisor to the Petroleum Minister of Iran in development projects. He was chairman and CEO of National Iranian South Oil Company (NISOC) from 2014 to 2018. Allipour was also a member of the board of directors of National Iranian Oil Company (NIOC). He had earlier been the senior executive vice president of NISOC, which he had joined in 1979.
The Kupal oil field is an oil field located in Khuzestan Province, at 60 km east of Ahvaz City. It was discovered in 1965 and the production was started after installing production facilities in 1970. The total proven reserves of the Kupal oil field are around 5,6 billion barrels. The field has 60 km in length 1.5 km in width and includes two Asmari and Bangestan reservoirs. So far, 55 wells were drilled in this field, 39 wells are active, which produce totally 93,000 barrels per day (14,800 m3/d). The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Shadegan oil field is an Iranian oil field located in Khuzestan Province, in the south west of Ahvaz City. It was discovered in 1968 and the production was started in 1988. The field has 23 km in length 6 km in width and includes two reservoirs. Shadegan field is currently with 20 active oil wells and crude oil production is about 69,000 barrels per day (11,000 m3/d). The field is owned by National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Rag Sefid oil field is an oil field located in Khuzestan Province, approximately 6 km in nearest distance from the Persian Gulf, southwest Iran. It was discovered in 1964 and developed by National Iranian Oil Company and began production in 1966. The total proven reserves of the Rag Sefid oil field are around 14,5 billion barrels, and production is centered on 180,000 barrels per day (29,000 m3/d). The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Bibi Hakimeh oil field is an oil field located in Bibi Hakimeh, Kohgiluyeh and Boyer-Ahmad Province, Iran. The field lies 210 kilometres southeast of Ahvaz. It was discovered in 1961, and it has produced oil since 1963. In 2018, it produced 120,000 barrels per day (19,000 m3/d) of oil. The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Karanj oil field is an Iranian oil field located 120 kilometres (75 mi) east of the Ahvaz City, in Khuzestan Province. It was discovered in 1963 and the production was started after installing production facilities in 1964. Oil production of Karanj field is about 200,000 barrels per day (32,000 m3/d). The field has a 650-metre thick oil column with an API gravity of 33.9 deg. Its oil reserves have been estimated at 11.2 bn barrels, with gas at about 3.5 TCF. A gas injection project at Karanj was completed in 1995. The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Mansouri oil field is an oil field located in southwest Iran and 45 km southeast of Ahvaz city. It was discovered in 1963 and the production was started after installing production facilities in 1974. Oil production of Mansouri field is about 110,000 barrels per day (17,000 m3/d). Its oil reserves have been estimated at 3.3 bn barrels. The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
The Abteymour oil field is an Iranian oil field located in Khuzestan province, in 25 km from west of the Ahvaz City. It was discovered in 1967 and production began in 1991. The field produces about 48,000 barrels per day (7,600 m3/d). Its oil reserves have been estimated at 12.2 bn barrel. The field is owned by state-owned National Iranian Oil Company (NIOC) and operated by National Iranian South Oil Company (NISOC).
