KepCo / News

KEPCO Plans Fleet Renovation
Ali Osouli, CEO of Khazar Exploration and Production Company (KEPCO), has announced widespread planning for the renovation of the maritime fleet of the company. He said that the plan involves the Iran Amir-Kabir semi-submersible platform and Caspian vessels.
22 May 2021 - 14:10
Tehran, Ashgabat Discuss Enhanced Oil Ties
TEHRAN (NIOC) _ Strategies for expanding oil cooperation between Iran and Turkmenistan were discussed at a meeting between the CEO of the Caspian Oil Company and the Ambassador of Turkmenistan to Iran.
8 May 2021 - 14:37
A Note on the Anniversary of Oil Discovery in the South Caspian Sea Area
"Deepwater" is a new and emerging topic that has been featured in the world"s news, books, and oil and gas magazines for nearly 40 years, and experts have come up with different definitions of deep water
1 April 2021 - 23:39
Repair and re-commissioning of drilling systems of Iran Amirkabir semisubmersible rig were carried out
Repair and re-commissioning of drilling systems of Iran Amirkabir semisubmersible rig were carried out by the effort of specialist of Khazar Exploration and Production Company.
22 June 2020 - 13:07
Tests start in Sardar-e-Jangal
Ahmad Shirzadi, exploration director at Khazar Exploration and Production Company (KEPCO), has announced the start of two major projects within areas run by this company.
He said one project was development of Sardar-e-Jangal oil field and another one was the continuation of exploration operations in the prioritized structures in the middle section of the Caspian Sea.He said that necessary arrangements would be made for long-term tests in Sardar-e-Jangal field in the near future.
30 December 2019 - 9:23
President in a meeting with his Azerbaijani counterpart
Deepening Tehran-Baku ties beneficial to both countries, region/ Iran ready to build power plant in Azerbaijan
30 October 2019 - 13:36
Oil and Gas Resources of Caspian Sea, a Strategic Reserve for Futures
On the occasion of government Week, Managing Director of Khazar Exploration and Production Company (KEPCO) Dr. Ali Osouli pointed to the activities and performance of his company and added, “as the largest lake in the world, Caspian Sea accounts for about 40 percent of total lake area of the world in terms of rich oil and gas reserves.”
18 September 2019 - 21:36
OPEC Extends Output Cut Deal to 2020
VIENNA (Shana) – 14 Members of the Organization of the Petroleum Exporting Countries (OPEC) agreed to extend the producer body’s 800,000 b/d crude oil output cut deal for the next nine months to 2020.
6 July 2019 - 14:45

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KEPCO amid many other companies is a subdivision of National Iranian Oil Company (NIOC) founded in January 1998. KEPCO is an authority in exploration, development and production of oil and gas in Iran concerning South Caspian Sea and three littoral provinces of Golestan, Mazanderan and Gilan in Iran. KEPCO supervises all the contracts signed by local and international companies regarding exploration and development of hydrocarbon reserves in the area including the pertinent environmental matters. KEPCO is committed to the development of Caspian Sea oil and gas reserves as well.