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Major companies expanding presence in Iran’s oil sector

‘BP to open representative office in Iran’

British Petroleum (BP), one of the world’s seven giant oil and gas companies, has voiced readiness to invest in Iranian projects, Deputy Oil Minister as well as Managing Director of National Iranian Oil Company (NIOC) Rokneddin Javadi said after his meeting with the British company’s representative in Tehran.

Iranian, Italian companies endorse industrial MOU

Society of Iranian Petroleum Industry Equipment Manufacturers hammered out a memorandum of understanding (MOU) on industrial cooperation with Italian Valves and Taps Constructor Association on the sidelines of the said oil show.

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Addressing a meeting of the two countries’ officials before signing the MOU, Reza Khayamian, the head of the Iranian association, expressed hope that the MOU will be put into action as soon as possible.

French company seeks Iranian partner

The managing director of France’s IPC PIPING, an international supplier of piping solutions for oil, gas, chemical and petrochemical industries, said that his company has attended the oil show in a hope for finding an Iranian partner.

Referring to Iran’s access to Worldwide Interbank Financial Telecommunication (SWIFT) after the implementation of its nuclear deal with the P5+1, the French industrialist said that a proper ground is set for further ties with Iran.

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