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FARZAD B
Iran offers Indian firms 30 pc stake in gas fieldIn April 2011, it submitted a master development plan (MDP) to bring the discovery, which was named Farzad-B, for production but negotiatio...- ONGC Videsh asks Iran to share details of Farzad-B gas field contractIn February, 2020, National Iranian Oil Company (NIOC) informed Indians about its intention to conclude the contract for Farzad-B developme...
- India has right to 30% stake in Iranian gas field even after contract to local firmIn February, 2020, National Iranian Oil Company (NIOC) informed Indians about its intention to conclude the contract for Farzad-B developme...
- India loses ONGC Videsh discovered Farzad-B gas field in IranONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), had in 2008 discovered a giant gas field...
- India set to lose Farzad-B gas field; Iran to prefer domestic companies over foreign firmsAfter sitting over OVL's proposal for years, the National Iranian Oil Co (NIOC) informed the firm in February this year about its intention...
- Iran agreed to buy OVL gas but US sanctions stalled talksAny company investing in the Iranian oil field will attract US sanctions, crippling its ability to access the international financial syste...
- Iran agrees to take all of OVL's Farzad-B gasIran previously conditioned granting rights to develop the Farzad-B fields to OVL on Indian firms buying all of the gas produced at the imp...
- OVL to bid for Iran's South Azadegan oilfield, rework Farzad-B costOVL is one of the 34 companies Iran pre-qualified last year for development of South Azadegan field, which contains an estimated 33 billion...
- Indian oil companies to explore Israeli block for first timeIsrael, with its major gas reserves, has emerged as a greener pasture for the Indian oil companies as Iran plays truant on Farzad-B gas fie...
- Farzad B gas field row: Not obligated to give deal to India, says IranIran has made light of India’s threat to import less crude oil from it, with its Parliament Energy Commission chief saying Iran could find ...
- India gives Iran $11 Billion `Best Offer' on Farzad-B gas fieldONGC Videsh Ltd. has offered to invest as much as $6 billion on the Farzad-B field and spend the remaining amount to build a liquefied natu...
- Iran hits back at India, inks gas field deal with Russian firmIran's oil minister Bijan Zanganeh recently told Argus, the top global energy market information provider, that Farzad-B field was among th...
- OVL submits $3 billion new development plan for Farzad-B fieldThe two nations were initially targeting concluding a deal on Farzad-B field development by November 2016 but later mutually agreed to push...
- Iran gives ultimatum to ONGC Videsh Ltd on gas field developmentIran is reportedly unhappy with the $10 billion plan submitted by OVL,), for development of the 12.5 trillion cubic feet reserves in Farzad...
- Oil Minister Dharmendra Pradhan to visit Tehran on April 9-10Oil Minister Dharmendra Pradhan will visit Tehran on April 9-10 hoping to expand energy cooperation including ONGC participation in Farzad-...
- ONGC Videsh close to winning $5-billion Farzab-B gas field rightsThe gas produced from the field will be converted into liquefied natural gas (LNG) for export to consuming nations like India.
- Iran acting tough on ONGC over development of gas fieldAnticipating easing of Western sanctions against it, Iran is acting tough over giving state- owned ONGC the rights to develop the Farzad-B ...
- India pitches for rights to Iranian gas fieldWith easing of Western sanctions against Iran in sight, India has made a renewed pitch to get rights to develop ONGC-discovered Farzad-B ga...
- Iran puts ONGC discovered gas field on auction listONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, had in 2008 discovered the Farzad-B gas field in its Farsi explo...
- ONGC Videsh looks for higher returns from Iranian projectONGC Videsh Ltd wants Iran to pay a higher return on the $ 5-6 billion it plans to invest in developing Persian Gulf gas field of Farzad-B.
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