Iran qualifies foreign companies for oil and gas tenders

Iran has qualified 29 international companies to bid in tenders for oil and natural gas development projects as the company seeks foreign investment to revitalize its industry following the end of international sanctions. 

The companies approved for tenders include those from Germany, France, Italy, Norway, Malaysia, Russia, Austria, Thailand, Japan, Poland, the Netherlands, the UK, Spain and China.

Among those that qualified were China’s Sinopec, CNPC, CNOOC, and CNPW, as well as the state-owned oil companies of Indonesia and Malaysia – Pertamina and Petronas – plus Japan’s INPEX Corporation, Itochu, Mitsui, and Mitsubishi, and Japan Petroleum Corporation. Russian Gazprom and Lukoil were also among those qualified for the tenders, as were Danish Maersk, Indian ONGC, and Polish PGNiG, Eni, Total and Shell, Oilprice.com reports.

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