Tag Archives | Tubacex

NIOC signs $615m Deal with Tubacex

By John Lee. The National Iranian Oil Company (NIOC) has signed Iran’s first oil contract of the post-sanctions era with an international consortium comprising Spain’s Tubacex and Iran’s Isfahan Steel Company [Foolad Isfahan Company]. Associated Press reports that the deal worth US$615 million, and says the Spanish-Iranian consortium will provide oil pipes for a network […]