NIOC qualifies 29 firms for tender round

Jan. 3, 2017
National Iranian Oil Co. has designated 29 non-Iranian companies as qualified to participate in its pending tender round for upstream projects.

National Iranian Oil Co. has designated 29 non-Iranian companies as qualified to participate in its pending tender round for upstream projects.

The long-delayed round will use the country’s new Iran Petroleum Contract, a service contract more flexible than the largely unsuccessful buyback contract (OGJ Online, Sept. 1, 2016).

The companies are CEPSA of Spain, CNOOC International Ltd., CNPC, CNPW, DNO, Eni, Gazprom, Inpex Corp., Itochu, and Japan Petroleum Exploration.

Also on the list are Korea Gas Corp., Lukoil, Maersk, Mitsubishi Corp., Mitsui, OMV, ONGC Videsh Ltd., Perenco Holding, Pertamina, and Petronas.

Others are PGNiG, Pluspetrol, POSCO Daewoo, PTTEP, Schlumberger, Shell, Sinopec International, Total, and Wintershall.