SHANA -- Russia's Gazprom Neft, Austria's OMV and Malaysia's Petronas companies presented their proposed development plans for Iran's Cheshmeh Khosh oil project. The proposals were explained at the 145th committee meeting of National Iranian Oil Company (NIOC)'s reservoir advisors in Tehran. The plans presented by OMV and Gazprom Neft are aimed ...

Daily look at Irans late-breaking news and upcoming events:   Iranian commander threatens to close Strait of Hormuz to US The deputy commander of Irans powerful Revolutionary Guard said Iranian forces will close the strategic Strait of Hormuz to the United States and its allies if they threaten the Islamic Republic, Iranian state media reported ...

Austrian energy company OMV has announced that it is placing bets on opportunities in Iran as it retools its upstream portfolio for growth in the weakened energy sector. Rainer Seele, OMVs Chief Executive Officer, has described Iran as one of the main development region where his company plans to invest in the future in the face of the declining ...

TEHRAN, Nov. 11 (MNA) Describing the latest status of negotiations with Malaysias Petronas and Austrias OMV oil companies, managing director of ICOFC announced several Russian firms willingness to invest in Irans central oil fields.On the launch of cooperation between Iran's Central Oil Fields Company (ICOFC) and Malaysias Petronas, Solbali Karimi ...

TEHRAN Oct. 17 (Shana) - A senior official with Austrian oil giant OMV said the company is interested in technical cooperation with Iran for developing the country's oil and gas fields. Stronger technical cooperation in potential field developments in Iran by using new or existing technology" are on the company's future agenda in cooperating with ...

Austrian company OMV says it is monitoring situation in Iran, but it is too early to draw any final conclusions regarding possible business in the Islamic Republic. Corporate spokesperson for OMV Robert Lechner told Trend on September 19 that OMV is closely monitoring the situation and the developments in Iran. "As our CEO, Rainer Seele, said:...