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

Baku, January 5, AZERTAC

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 gas fields to western investment, according to

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 also include: Eni, Gasprom, Petronas, Shell, Total and others

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