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NIDC accelerates drilling fleet expansion under Seventh Development Plan
2 February 2026
9:09 AM
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country's drilling industry has entered a new phase of development under the seventh five-year development plan, focusing on expanding drilling fleet capacity and improving operational efficiency. This phase prioritizes acquiring new rigs, modernizing the existing fleet and enhancing key performance indicators to support increased oil and gas production.

Earthquake causes no damage to SP refineries
1 February 2026
9:31 AM
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The spokesperson for the South Pars Gas Complex said an earthquake that struck near the city of Asaluyeh early Sunday caused no damage to the complex’s refineries or facilities, and all production and operational activities are continuing as normal.

First downhole pump comes online at South Azadegan oil field
1 February 2026
9:27 AM
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The first electric submersible pump (ESP) at the South Azadegan oil field has been successfully installed and commissioned at well No. 93, drawing on the expertise of domestic specialists. Officials expect that completing the installation of 50 ESPs by June 2026 will add about 35,000 barrels per day to the field’s production capacity.

1,700 NTBFs partner with NPC
29 January 2026
5:22 AM
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More than 1,700 new technology-based firms (NTBFs) and domestic manufacturers are now working with Iran’s petrochemical industry, with more than 120 trillion rials ($12 trillion tomans) allocated last year to expand these capabilities, an industry official said.

NIDC brings 12 new gas wells online
27 January 2026
8:17 AM
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The National Iranian Drilling Company (NIDC) has brought 12 new gas wells into production under a drilling contract with the Central Iranian Oil Fields Company, strengthening gas supply, particularly during the winter season, the NIDC head of said.