Tag Archives: MAPNA Group

The construction of the first phase of Iran’s first coal-fired power plant in Tabas, South Khorasan Province, has registered a work-in-progress rate of 35%. Based on data from the Thermal Power Plant Holding Company, the boiler of the plant has been imported on account of its higher technology, which will …

Foreign direct investment (FDI) in Iran fell only slightly by %0.6. to $831 million. in the first nine months of the current local calendar year. showing that the country is finding its way around the US sanctions and pressures.

Iran could support deeper cuts in crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) if a majority of the members agreed with it.

Iran has made great strides over the past years to develop its renewable electricity sector.

Oilprice has published a report on capabilities of Iran'.s oil and gas industries and some of the approached Tehran is using to foil US sanctions.

Iranian energy minister Reza Ardakanian told reporters on Wednesday that rebuilding Syrian industry in cooperation with foreign investors is a good chance for Iranian companies to attend the lucrative market.

Russia has expressed readiness to use gas turbines made by Iranian company MAPNA.

The deals were signed in a ceremony attended by Oil Minister Bijan Namdar Zanganeh on Tuesday.

CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.

Besides the aforementioned oil firms. Schlumberger has also signed an agreement to survey ‎the oilfield.