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Petropars Group
PetroPars () is an Iranian oil and gas engineering services company, which is a subsidiary of NICO and a subsidiary of the National Iranian Oil Company. History Petropars Company was established in 1997 by the Naftiran Intertrade (subsidiary of the National Iranian Oil Company) with the aim of implementing the development plan of South Pars Phase 1 as an Iranian capital general contractor company using the buyback method. The company's headquarters is located in Tehran. Petropars' main activity so far has been focused on the development of gas fields, the bulk of which relates to the development projects of Phases 1, 6, 7, 8, 11, 12 and 19 of the South Pars gas field. Other projects carried out by this company include the development of Kish gas field, the development of Farzad gas field, as well as the development of Cabinda North field and revamping an oil export terminal in Venezuela. Between 2008 and 2009, Petropars progressed towards privatization, and in the first stage, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry
The petroleum industry, also known as the oil industry, includes the global processes of hydrocarbon exploration, exploration, extraction of petroleum, extraction, oil refinery, refining, Petroleum transport, transportation (often by oil tankers and pipeline transport, pipelines), and Downstream (petroleum industry)#Marketing, marketing of list of crude oil products, petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many petrochemical, chemical products, including pharmaceutical drug, pharmaceuticals, solvents, fertilizers, pesticides, synthetic Aroma compound, fragrances, and plastics. The industry is usually divided into three major components: upstream (petroleum industry), upstream, midstream, and downstream (petroleum industry), downstream. Upstream regards exploration and extraction of Petroleum, crude oil, midstream encompasses transportation and Oil terminal, storage of crude, and dow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tehran
Tehran (; , ''Tehrân'') is the capital and largest city of Iran. It is the capital of Tehran province, and the administrative center for Tehran County and its Central District (Tehran County), Central District. With a population of around 9.8 million in the city as of 2025, and 16.8 million in the metropolitan area, Tehran is the List of largest cities of Iran, most populous city in Iran and Western Asia, the Largest metropolitan areas of the Middle East, second-largest metropolitan area in the Middle East after Cairo, and the 24th most populous metropolitan area in the world. Greater Tehran includes several municipalities, including, Karaj, Eslamshahr, Shahriar, Tehran province, Shahriar, Qods, Iran, Qods, Malard, Golestan, Tehran, Golestan, Pakdasht, Qarchak, Nasimshahr, Parand, Pardis, Andisheh and Fardis. In the classical antiquity, part of the territory of present-day Tehran was occupied by Rhages (now Ray, Iran, Ray), a prominent Medes, Median city almost entirely des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City
A city is a human settlement of a substantial size. The term "city" has different meanings around the world and in some places the settlement can be very small. Even where the term is limited to larger settlements, there is no universally agreed definition of the lower boundary for their size. In a narrower sense, a city can be defined as a permanent and Urban density, densely populated place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, Public utilities, utilities, land use, Manufacturing, production of goods, and communication. Their density facilitates interaction between people, government organisations, government organizations, and businesses, sometimes benefiting different parties in the process, such as improving the efficiency of goods and service distribution. Historically, city dwellers have been a small proportion of humanity overall, bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naftiran Intertrade
Naftiran Intertrade Company S.à r.l. (NICO) is a Swiss-based subsidiary of the National Iranian Oil Company (NIOC). NICO is a general contractor for the oil and gas industry. NIOC buys the vast majority of Iran's gasoline imports. NICO is a key player in Iran's energy sector. History ''Naftiran Trading Services'' (''NTS'') was established in Jersey, Channel Islands (United Kingdom) in 1991. The intention was to start trading crude oil and products, as well as to create a competitive opportunity for the investment in oil and gas projects, as well as to play an active role in world energy security. In June 2003, a decision was made by NICOs management to transfer the whole NTS activities to a newly established company named Naftiran Intertrade Co ( Sàrl), in Lausanne, Switzerland. ''Petro Suisse Intertrade Company (SA)'', ''Hong Kong Intertrade'', ''Noor Energy (Malaysia) Ltd'' and ''Petro Energy Intertrade (Dubai)'', all alleged front companies for NIOC/NICO, have been san ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Iranian Oil Company
The National Iranian Oil Company (NIOC; ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consortium Agreement of 1954.Iran's foreign trade report Iran Trade NIOC ranks as the world's second largest oil company, after 's state-owned Aramco. The NIOC is exclusively responsible for the exploration, dril ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Pars/North Dome Gas-Condensate Field
The South Pars/North Dome field is a natural-gas condensate field located in the Persian Gulf. It is by far the world's largest natural gas field, IEA, World Energy Outlook 2008 - Chapter 12 - Natural gas resources and production prospects, p.298 with ownership of the field shared between Iran and Qatar. According to the International Energy Agency (IEA), the field holds an estimated of in-situ natural gas and some of natural gas condensates. On the list of natural gas fields it has almost as much recoverable reserves as all the other fields combined. It has significant geostrategic influence. This gas field covers an area of , of which (South Pars) is in Iranian territorial waters and (North Dome) is in Qatari territorial waters. Field geology The field is below the seabed at a water depth of , and consists of two independent gas-bearing formations: Kangan (Triassic) and Upper Dalan (Permian). Each formation is divided into two different reservoir layers, separated by imp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kish Gas Field
Kish gas Field is a giant gas field close to Kish Island in the Persian Gulf. It is one of the NIOC Recent Discoveries which was discovered in 2006 and holds of gas in place of which is recoverable. The field also holds at least of condensate of which at least are recoverable. The field gas is sweet, it contains 50-80 PPM hydrogen sulphide. The field has the potential of producing 4000 million cubic meters of natural gas per day. In February 2010, an Iranian consortium headed by Bank Mellat signed a $10-billion agreement with the National Iranian Oil Company (NIOC) to develop the Kish gas field. The gas field will produce 85 million cubic meters of natural gas per day See also * World Largest Gas Fields * NIOC Recent Discoveries * Iran Natural Gas Reserves * North Pars *South Pars Gas Field *Golshan Gas Field *Ferdowsi Gas Field The Ferdowsi Gas Field is one of the NIOC Recent Discoveries, located at approximately 190 kilometers southeast of Bushehr, 85 kilometers o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Farzad-B
Farzad-B'' is an off-shore natural gas field 20 kilometres off Farsi Island in Iran. The total in-place reserves of the gas field are around of which around 60 percent is recoverable. The gas field was discovered in 2008 by a consortium of three Indian companies, led by the state-owned ONGC Videsh with a 40% stake; the other companies were Indian Oil Corporation (40%) and Oil India (20%). The consortium had signed an exploration agreement in 2002 for the Farsi block, where the gas field was found. The gas field was expected to produce of gas per day after the first phase of development. Negotiations between the consortium and the National Iranian Oil Company (NIOC) to develop the gas field stalled due to secondary sanctions against Iran by the United States and the European Union in the early 2010s. Following the lifting of sanctions after the Joint Comprehensive Plan of Action was signed in July 2015, the consortium was close to an agreement to invest $US5 billion to develop t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It comprises an area of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. Venezuela is a presidential republic consisting of States of Venezuela, 23 states, the Venezuelan Capital District, Capital District and Federal Dependencies of Venezuela, federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the north and in the capital. The territory o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khatam-al Anbiya Construction Headquarters
Khatam al-Anbiya Construction Headquarter ; ''Qârargâh-he Sazandegi-ye Xatam alânbia'', literally, "Seal of the Prophets") is an Iranian engineering firm controlled by the Islamic Revolutionary Guard Corps (IRGC). The firm, also known as GHORB, is the IRGC's major engineering arm and one of Iran's largest contractors in industrial and development projects. Khatam al-Anbiya was created during the 1980–88 Iran–Iraq War to help rebuild the country, and has diversified over the years into companies dealing with mechanical engineering, energy, mining and defense. The company and some of its subsidiaries are affected by United Nations Security Council Resolution 1929, UN sanctions. Foundation After the Iran–Iraq War (1980–88), the Iranian government encouraged the IRGC to bolster its budget through economic activities. To do so, the IRGC established a headquarters of self-sufficiency and a headquarters of reconstruction. In 1990, the headquarters of reconstruction became , ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Astan Quds Razavi
Astan Quds Razavi () is a bonyad based at Mashhad, Iran. It is the administrative organization which manages the Imam Reza shrine and various institutions which belong to the organization. The administrative apparatus of Astan Quds Razavi is considered the longest-lasting organization since the martyrdom of Imam Reza about 1200 years ago. The main resource of the institution is endowments. The Astan Quds Razavi is a major player in the economy of the city of Mashhad. The organization by order of Ruhollah Khomeini was tax exempt for 35 years until 2019. Today Astan Quds Razavi holds vast assets, including land, businesses, and industries, contributing significantly to Khamenei family's influence. Current situation Since the revolution, the ''Astan-e-Qods'' the bonyad has grown from a "modest concern" into a conglomerate employing 19,000 peopleChristopher de Bellaigue, ''The Struggle for Iran'', New York Review of Books, 2007, p.15 and running "auto plants, agricultural busin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
