KEPCO in Talks with Foreigners
Iran to Renovate Caspian Sea Fleet
Ali Osooli, CEO of Khazar Exploration and Production Company (KEPCO), says the company is still in talks with leading European firms for cooperation in the Caspian Sea despite US threats to penalize them. He, however, says KEPCO is also able to push ahead with its development activities in the Caspian Sea even without cooperating with foreign companies, as was the case with the "Sardar-e-Jangal" oil find in 2012, when Iran was under tough oil sanctions. The impact of US sanctions on Iran’s oil industry is not ignorable, but the experience of working four years under sanctions has shown that Iran has never stopped its activities. The following is the text of "Iran Petroleum" interview with Osooli about KEPCO’s activities:
|13:00 - 12/05/2019||More >>|
Tehran-Baku Oil Talks Continue
TEHRAN (Shana) The CEO of Khazar Exploration and Production Company (KEPCO) said talks between Iran and Azerbaijan were continuing and a joint committee had been formed by the two neighbors.
|11:07 - 10/03/2019||More >>|
KEPCO Won’t Wait for Foreign Firms: CEO
TEHRAN (Shana) The CEO of Khazar Exploration and Production Company (KEPCO) said his company would welcome the presence of powerful foreign companies in the development of oil industry in the Caspian region, but would not wait for them.
|13:17 - 16/01/2019||More >>|
Win-Win Deal in Caspian Summit
The presidents of the five Caspian Sea littoral states – Iran, Republic of Azerbaijan, Turkmenistan, Kazakhstan and Russia – held their fifth summit, ending in a landmark and hard-won agreement on the landlocked lake’s legal regime. Hosted by Kazakhstan, the summit also resulted in the signature of six documents for strategic and economic cooperation in the Caspian Sea.
|13:28 - 15/10/2018||More >>|
$20bn Investment Projects on Offer in Caspian Sea
In late March, Iranian President Hassan Rouhani visited the Republic of Azerbaijan where he and Azeri President Ilham Aliyev presided over the signing of protocols for the development of a jointly owned oil field in the Caspian Sea by Iranian Minister of Petroleum Bijan Zangeneh and Azeri Minister of Energy Parviz Shahbazov.
|12:33 - 20/05/2018||More >>|
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