In the presence Deputy Head of NIOC for Development & Engineering Affairs

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In the presence Deputy Head of NIOC for Development & Engineering Affairs
First meeting of KEPCO board of directors was held since the start of Iranian New Year at the presence of deputy oil minster Dr. Manouchehri and new board members.

First meeting of KEPCO board of directors was held since the start of Iranian New Year at the presence of deputy oil minster Dr. Manouchehri and new board members.

Dr. Manouchehri expressed his gratitude for the non-stop effort of former board members. He added the expansion of exploration activities in north of the country requires comprehensive planning which facilitates international investors.

KEPCO new managing director Mr. Mohsen Delaviz has pointed out the need to work out new schemes for oil and gas contracts to encourage international oil companies to invest in deepwater exploration and production in Caspian Sea which requires extensive experience as well as modern technology.

 

May 6, 2017 14:35
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KEPCO amid many other companies is a subdivision of National Iranian Oil Company (NIOC) founded in January 1998. KEPCO is an authority in exploration, development and production of oil and gas in Iran concerning South Caspian Sea and three littoral provinces of Golestan, Mazanderan and Gilan in Iran. KEPCO supervises all the contracts signed by local and international companies regarding exploration and development of hydrocarbon reserves in the area including the pertinent environmental matters. KEPCO is committed to the development of Caspian Sea oil and gas reserves as well.