BP to Open Iran Office in Summer, Iranian Oil Firm Says
BP seeks to transfer technology after lifting of sanctions, according to Iranian official/ LONDON—British oil giant BP will open an office in Iran this summer, according to Rokneddin Javadi, chairman of the National Iranian Oil Company. Quoted on the state-owned oil news service Shana, Mr. Javadi said BP is looking to transfer technology and capital to Iran. BP declined to comment. The Islamic Republic once enjoyed major investments from a bevy of the world’s largest energy companies, but Western sanctions over its...
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