National Iranian Oil Company
Drilling job started in Iran in 1901 following the concession granted to William Knox D'arcy by Mozaffarol din- Shah of Qajar for production of crude oil across Iran- except in five northern provinces. Hence, Iran became the first country in the oil-rich Middle East region to start the oil operations.
crude oil across Iran- except in five northern provinces. Hence, Iran became the first country in the oil-rich Middle East region to start the oil operations.
Iran’s oil industry is now preparing to enter the second century of its life cycle.
Iran’s oil industry, as a technical and industrial phenomenon, opened the doors of the modern sciences for the Iranians in the past century. It also acted as a foundation for political, economic and social development of the country.
To examine each event, we need to take a look at what has been going on in the country in the past century.
Some of the events which have to be carefully studied are as follows:
Production of crude oil from the first well drilled in Masjed Soleiman field in 1908; construction of Abadan oil refinery in 1913; unsuccessful revision of the D'Arcy concession in 1933; oil nationalization in 1950 and finally inconclusive talks with a consortium of oil firms in 1945 which led to domination of foreigners on Iran’s oil reservoirs and the wasteful utilization of the country's oil resources in 1961.
Download the vector logo of the National Iranian Oil Company brand designed by NIOC in Encapsulated PostScript (EPS) format. The current status of the logo is active, which means the logo is currently in use.