Tag Archives | Italy

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 […]

Italy to build Solar Power Plant in Iran

By John Lee. An Italian company has reportedly signed agreement to build the first solar power plant of the Iranian southern Hormuzgan province. According to IRNA, the plant will have a capacity of 100 MW and its construction will require an investment of €140 million. (Source: IRNA)

Italy’s Eusider agrees Iran Ferrosilicon Deal

By John Lee. Italy’s Eusider has reportedly signed a long-term agency agreement with Iran’s biggest ferrosilicon producer. According to PressTV, the exclusive distribution agreement with Iran Ferroalloys Industries Company (IFI) would give Eusider “the right space to market” Iranian ferroalloys, the company said. Based in Azna in Lorestan province, IFI is the first and biggest Iranian […]

Eni to Study Iranian Oil and Gas Fields

Italy’s oil giant Eni has signed a Memorandum of Understanding (MoU) with the National Iranian Oil Company (NIOC) to carry out initial studies on the development of an oil field and a gas field in Iran, a report said. Eni and NIOC inked the agreement on Tuesday in Tehran whereby the Italian firm will study […]

Maroon Petchem Plant to sign Deals with Euro Firms

Maroon Petrochemical Plant (MPP) is to sign deals with Shell and two Italian companies for development of two projects, the MPP managing director says. Rahim Sharif Mousavi said one of the projects will concern the ethyl oxide unit of the facility, adding Italy’s engineering company Maire Tecnimont will join the project as one of its […]

Iran Launches Foreign Investment Plan for Steel Sector

The first foreign investment plan for the steel sector waws inaugurated in Eshtehard Industrial Park with the attendance of Minister of Industry, Mine and Trade and chairman of the board of Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO). According to the report of public relations of IMIDRO, deputies of Industry, Mine and […]

Pininfarina announces Deal with Iran Khodro

Italian design firm Pininfarina S.p.A has announced the closing of a commercial agreement with Iran Khodro (IKCO). The agreement foresees that Pininfarina will develop a modular automotive platform, able to house at least four different vehicles, and the first passenger car of the medium segment of the  market. Activities will span from the definition of […]

Italy’s Saras Reimburse Entire Oil Debt with Iran

Key Italian oil refiner Saras said it has cleared all the debt it owed Iran for oil purchased before sanctions were imposed against the country in 2012. Saras General Manager Dario Scaffardi was quoted by Reuters as saying that the debt – which amounted to €400 million – had been cleared in the first quarter […]

Pratt & Whitney to supply Engines for Iran Plane Deal

By John Lee. US-based Pratt & Whitney, a subsidiary of United Technologies (UTC), is to supply engines for the passenger planes sold by ATR to Iran Air, according to report from Hartford Business. An ATR spokesman said the deal is for the 20 ATR 72-600s, a twin-propeller aircraft, and said Iran Air had an option to […]

Iran, ATR Sign Major Aircraft Deal

European aviation giant ATR said it has signed a deal with Iran’s national flag-carrier airline Iran Air to sell 20 aircraft to Tehran. ATR Spokesman David Vargas confirmed the deal for the sale of 20 ATR-600s, a twin-propeller aircraft, was signed on Thursday. “They will definitely help Iran Air to modernize and develop regional connectivity […]