Middle East Economic Survey

VOL. LIV

No 16

18-Apr-2011

IRAN

IOEC Triples Projects Value To $9Bn

The Iranian Offshore Engineering and Construction Company (IOEC) has increased the total value of its ongoing projects to $9bn compared to $3bn in the same period of last year, Ali Taheri, Managing Director of the NIOC subsidiary said at a press conference held at the 16th Oil, Gas, Refining and Petrochemicals Exhibition. IOECs business includes 14 different upstream offshore installations in the...