Tag Archives | Saff Group

IOOC signs €800m Deal with Domestic Firm

The Iranian Offshore Oil Company (IOOC) has signed a deal worth 800 million Euros with an Iranian company to complete a number of IOOC projects. The deal, signed on Sunday evening, concerns completion of the natural gas liquids (NGL) project at Khark Island, another project aimed at sweetening natural gas and separation of associated gases […]

Iranian Consortium Awarded Khark NGL Project

The managing director of the Iranian Offshore Oil Company (IOOC) says an Iranian consortium has been awarded the development of Khark Island’s natural gas liquids (NGL) project. Hamid Bovard said Ghadir Investment Company and the SAFF Group has formed a consortium for development of the project. Addressing a press conference on the sidelines of the […]

Will South Pars help Revive Iran’s Economy?

By Dr. Reza Yeganehshakib, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Will South Pars help bring Iran’s economy back to life? The Persian Gulf is home to one of the largest independent gas reservoirs in the world. Shared between Iran and Qatar, the Iranian […]