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See Taylor Swift's disgusted reaction to Justin Bieber-Selena Gomez backstage kiss
TEHRAN, Aug. 25 (UPI) -- Tehran announced its offshore engineering and construction company was pre-qualified for work with Saudi Aramco, the largest oil corporation in the world.
The Iranian Offshore Engineering and Construction Co. announced it was pre-qualified to work with the state-owned national oil company of Saudi Arabia.
It would become the first Iranian company to develop offshore oil projects in Saudi Arabia if it can reach agreements with Saudi Aramco, the semiofficial Mehr news agency reports.
IOEC is the first general contractor for oil and gas industries in Iran, working on pipeline infrastructure and offshore construction.
Apart from Aramco, companies in Kuwait, Bahrain and Oman have confirmed their qualification of IOEC, said Masoud Soltanpour, managing director at IOEC.
IOEC operates domestically in the South Pars gas field as well as in India, Nigeria and Turkmenistan.
Tehran is keen to tout its international energy deals as it copes with punitive economic sanctions imposed for its controversial nuclear program.
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| Additional Energy Resources Stories | |
TEHRAN, May 21 (UPI) --
Iran will invest $16 billion in development of the offshore South Pars gas complex over the next 10 months, a natural gas company director said.
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RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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