Iran Names 29 Foreign E&P Firms for Upstream Oil Tenders

03 Jan 2017
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TEHRAN, (Shana) -- The National Iranian Oil Company (NIOC) has released the list of 29 qualified foreign oil and gas exploration and production (E&P) companies for attending tenders aimed at developing upstream projects in Iran's oil sector, in big step to opening up Iran's oil and gasfields to western investment..


NIOC is planning to put to a round of tenders several upstream oil and gas projects and has invited these 29 companies to partake in the bids.
The companies are from countries like Germany, France, Italy, Norway, Malaysia, Russia, Austria, Thailand, Japan, Poland, the Netherlands, the UK, Spain, China, etc.

The companies include: CEPSA Spain, CNPC, Eni, Gasprom, Japan Petroleum Exploration, Korea Gas Corporation, Lukoil, Maersk, Mitsui, OMV, ONGC Videsh Limited, Pertamina, Petronas, Shell, Total, and Schlumberger.
Here you can find the complete list of the qualified companies.

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Iranian fuel conservation company (IFCO) a subsidiary of National Iranian Oil Company(NIOC) established in 2000 with the mission to regiment the fuel consumption in different sectors through review and survey of the current trend of consumption and executing conservation measures nationwide.

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