Iran Imagine Bigger Domestic Role in IPC Projects

The National Iranian Oil Company is compiling a list of domestic companies that can operate as part of future oil and gas development projects. said NIOC Chief. Ali Kardor.
He said once an international tender is held for an oil/gas project. several subprojects will be introduced as part of the master development plan. We are willing to create the conditions for domestic companies to play a role in the subprojects.
The contractor of a big engineering and construction project may divide the project into subprojects or `packages`. covering different sections of the project. 
According to Kardor. the so-called packages will be subject to engineering. procurement and construction (EPC) contracts.
Kardor said as part of efforts to spur competition. domestic firms will not be allowed to operate in both the exploration and production (E&amp.P) sector and EPC projects.
Iran has lined up dozens of oil and gas fields for tender to multinationals under a new model of contracts. dubbed the Iran Petroleum Contract (IPC). 
The new model obliges foreign contractors to choose and work alongside Iranian firms. a measure aimed to help domestic firms gradually prepare for international oil and gas contracts.
NIOC has approved 11 domestic corporations for partnership with internationals in future oil and gas projects. The list includes notable names such as energy and engineering company MAPNA Group. Khatam-al-Anbia Construction Headquarters and the Industrial Development and Renovation Organization of Iran (IDRO).
 

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