"The new agreement is the first between Iran and a company from a key Western ally of the United States since Washington last week announced it will pull out of the landmark 2015 nuclear deal between Iran and Western powers. The U.S. said it was reinstalling sanctions against Iran. Managing Director of Pergas International Consortium Colin Rowley, and Bijan Alipour, managing director of National Iranian South Oil Co., signed a preliminary deed on the partnership in the presence of British Ambassador Rob Macaire in Tehran on Wednesday night. The project, if the agreement turns into a contract, will require more than $1 billion to produce 200,000 barrels of crude oil per day during the next decade in the 55-year old Karanj oil filed. The oil field is located in the country’s oil-rich province and currently produces 120,000 barrels of crude per day." (5/16/2018).
"Pergas Consortium, a group of international oil and gas companies, submitted its development proposals for Karanj Oilfield, a reservoir in Khuzestan Province. Bijan Alipour, managing director of the National Iranian South Oil Company, made the statement on the sidelines of a meeting with Pergas officials, including Colin Rowley, in Tehran on Tuesday, the National Iranian Oil Company news portal reported. According to Alipour, the master plan is centered on strategies to boost output, finance plans and rehabilitate ramshackle installations, which will be securitized in NISOC's technical committees. NISOC signed a non-disclosure agreement with Pergas in 2016, based on which the latter was tasked with conducting studies on the field located 40 kilometers southeast of the namesake city." (October 18, 2017).
"Managing Director of Pergas Consortium Colin Rowley says his consortium is ready to invest in Iranian petroleum industry, train workforce and transfer technology. Rowley made the remarks in an interview with Shana on the sidelines of ceremony of inking of a Non-Disclosure Agreement (NDA) by National South Oil Company (NISOC) and Pergas Consortium." (Shana, "Pergas Ready to Invest in Iranian Petroleum Industry," 11/23/2016).