Tag Archives | Toyo Engineering

NIOC Inks MoU with Toyo, Petropars

The National Iranian Oil Company (NIOC) has signed a memorandum of understanding (MoU) with a consortium comprising Japan’s engineering major Toyo and Petropars Company for rehabilitation of facilities and upgrading of gas production of Salman Oilfield. Signed on Monday, the document was inked by Gholamreza Manouchehri, deputy for development and engineering at NIOC, Hamid Akbari, […]

Japanese Firms Looking at Iranian Opportunities

By John Lee. Nikkei Asian Review reports that Japanese companies are eager to return to Iran, but adds that the risk of doing business in the volatile region is also not lost on anxious corporate chiefs. Tokyo lifted sanctions on Iran on Friday, and Japanese automakers, including Toyota, Nissan and Mazda aim to quickly restart exports, […]