Tag Archives | France

France’s Air Liquide Signs Deal for MTP Plant

French industrial gases producer Air Liquide has signed a deal with Iran’s National Petrochemical Company (NPC) to build a 500,000 tons/year methanol-to-propylene (MTP) plant. Owned and operated by Iran’s Petrochemical Research and Technology Company (PRTC), the plant would be built in the southwestern Iranian city of Mahshahr, Shana news agency reported. The agreement was signed […]

Iran Plans to Award $15bn in New Oil Deals

The next Iranian oil and gas award would be based on the framework of the agreement signed with the French energy giant Total last month over the development of South Pars Phase 11, the deputy director for development and engineering affairs of the National Iranian Oil Company (NIOC) has said. Gholamreza Manouchehri stated that Iran […]

Renault signs EUR 660m Deal with Iran

France’s Groupe Renault has announced the signature of a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN NASEH Co, an importer of Renault products in Iran. According to a report from Tasnim, the contract is worth 660 million euro. The proposed joint venture company, of which Renault […]

Bureau Veritas to Inspect Iranian Automotive Industry

By John Lee. The National Accreditation Centre of Iran (NACI) has reportedly approved France’s Bureau Veritas to inspect the quality of cars, agricultural machinery and mining trucks produced in Iran. According to IntelliNews, Bureau Veritas re-established its Iran office in 2017. (Source: IntelliNews)

Alstom to build Rail Carriages in Iran

High-ranking officials in Iran’s rail industry signed a major deal with the French rail car manufacturer Alstom to boost cooperation in the production of subway cars. The cooperation agreement was signed in a ceremony in Tehran on Sunday night with Iran’s Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh in attendance. Officials of Alstom, […]

Italy’s Eni Happy with Total’s Presence in Iran

The CEO of Eni said the Italian oil giant is not competing with France’s Total in Iran, noting that it has also signed an agreement with the National Iranian Oil Company (NIOC) to develop oil and gas fields in the Islamic Republic. “We are happy that Total is in Iran. We are not competing to […]

Total Deal Serves National Development: Iran’s VP

Iran’s first vice-president played down criticism by opponents of a recent gas deal Iran has signed with France’s Total, saying the contract would serve the goals of national development, as emphasized by Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei. Those opposing the recent gas deal the Oil Ministry has signed with the French […]

Oil Minister defends Total Gas Deal in Parliament

Iranian Oil Minister Bijan Namdar Zanganeh in an open session of the parliament briefed the lawmakers on a controversial $5 billion gas deal recently signed with France’s energy giant Total, saying the agreement would serve the Islamic Republic’s interests. Addressing the open session of the parliament on Wednesday, Zanganeh defended the deal with Total to […]

Iran plans High-Speed Rail Links

By John Lee. Iran Railways says it has signed a preliminary agreement with the Italian state-owned Ferrovie dello Stato (FS) to build two high-speed links in Iran. The lines will run between Qom and Arak, and between Tehran and Isfahan. According to the report from Associated Press, Iran signed an $8 million deal with French company […]

Total Deal “Strongly Opposed” by Domestic Experts

Some Iranian experts and top figures in oil and gas industry have voiced their strong opposition to a $5 billion gas deal recently signed between Iran and France’s energy giant Total, saying Total has hatched “a sinister plot” against the Islamic Republic. In a television program aired on Saturday night, Asghar Ebrahimi-Asl, a former deputy […]