National Iranian Oil Company (NIOC)
National Iranian Oil Company (NIOC) is responsible for studies, exploration, drilling, production and development of petroleum products in Iran.
History of National Iranian Oil Company (NIOC) started in 1951, but oil and gas industry of Iran has started years before that.
First drilling for oil and gas in Iran was in 1901. So Iran is first country in Middle East that started oil exploration. First oil well drilled in 1908 in Iran. It was beginning of fruitful exploration and production of crude oil and petroleum products that was foundation of modern Iran. Then, in 1950, oil nationalization was a big step for Iran to be an independent country. Because of that, National Iranian Oil Company (NIOC) was stablished in 1951.
Iran has one of the biggest reservoirs of oil and gas in the world. Iran is 4th in crude oil reservoirs which is about 10 percent of oil reservoirs of the world, and 2nd in gas reservoirs that means about 16 percent of all gas reservoirs of the world. National Iranian Oil Company (NIOC) is third biggest Oil Company in the world.
National Iranian Oil Company (NIOC) is one of the four main subsidiaries of Petroleum ministry of Iran. It is responsible for supervisory and process of studies, exploration, drilling, production and development of petroleum and oil and gas products in Iran.
Article 44 of Constitution allows National Iranian Oil Company (NIOC) to give authorities to various sectors and also to supervise activities in oil industry of Iran.
National Iranian Oil Company (NIOC) has lots of huge responsibilities in Oil industry of Iran. National Iranian Oil Company (NIOC) is also very important for its policies about local and cultural changes. Nationalization of oil in 195o is still one of the most important events in history of Iran.
National Iranian Oil Company (NIOC) is trying to use local forces to lower unemployment rate in Iran. Also, National Iranian Oil Company (NIOC) uses Iranian experts to localize knowledge of petroleum in Iran.
Also, National Iranian Oil Company (NIOC) supports Iranian manufacturers and EPC contractors to take major roles in petroleum industry of Iran. National Iranian Oil Company (NIOC) supported lots of Iranian companies to build production plants, refinery units, complicated onshore and marine structures and lots of needed products in different ranges.
National Iranian Oil Company (NIOC) is also participating in foreign projects. National Iranian Oil Company (NIOC) constructed refineries in Malaysia, Indonesia, Syria, and Vietnam. Also, National Iranian Oil Company (NIOC) has signed some partnership agreements for different projects with Saudi Arabia, Senegal, Sri Lanka, Zimbabwe and Kazakhstan.
Following companies are main subsidiaries of National Iranian Oil Company (NIOC)
- National Iranian South Oil Field Company (NISOC)
- Iranian Central Oil Fields Company (ICOFC)
- Pars Oil and Gas Company (POGC)
- Petroleum Engineering and Development Company (PEDEC)
- Iranian Offshore Oil Company (IOOC)
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Hi Good job!
Good afternoon! I'm writing on behalf of the Russian company InTEK which provides drilling services. We are interested in cooperation with Iranian companies, in particular, with NIOC. How can we apply for the registration in its vendors' list?
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