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Monday, 2 January 2017

Iran certifies 29 international companies to bid for oil, gas projects | Reuters

Iran certifies 29 international companies to bid for oil, gas projects | Reuters:
"Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model, the oil ministry news website SHANA reported on Monday.

The list of pre-qualified firms included Shell, France's Total, Italy's Eni, Malaysia's Petronas and Russia's Gazprom and Lukoil, as well as companies from China, Austria, Japan and other countries.

Iran hopes its new IPC, part of an effort to sweeten the terms it offers on oil development deals, will attract foreign investors and boost production after years of sanctions."

'via Blog this'