Saturday 21 November 2015

GE Oil and Gas eyes opportunities in Iran as it prepares to open up | GulfNews.com

GE Oil and Gas eyes opportunities in Iran as it prepares to open up | GulfNews.com:

"GE Oil & Gas sees opportunities in Iran as the country gets ready to welcome global companies after reaching a historical nuclear deal with six major world powers in July this year.

“We have been in Iran previously before the sanctions and as the sanctions get lifted, we will go back in and will provide assistance,” Lorenzo Simonelli, President & CEO of GE Oil & Gas told Gulf News in an exclusive interview.

“I see the potential from an infrastructure perspective as the sanctions get lifted. We already have some installed base-related to knowing the field and also having prior equipment there but we’ve got to wait for Iran to open up and sanctions are lifted,” he added."



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