Petrofac

Energy
LSE:PFC
UK

"A high-profile business delegation from the UK met with Iranian petroleum officials to discuss future cooperation in oil and gas projects in Iran in the post-sanction setting. Executives and representatives from British oil and gas heavyweights including British Petroleum (BP), KCA Deutag and Petrofac, headed by Francis Maude, the UK trade and investment minister, met with Amir-Hossein Zamani-Nia, Iran's deputy minister for international affairs and trading, on Sunday to discuss oil and gas cooperation after the sanctions removals as per Iran's nuclear deal with the P5+1 group of countries which was struck on July 14 in Austria's Vienna." (Shana, "British Business Delegation in Tehran," 11/1/15)

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"Intended recipient of safety bellow valves made of inconel alloy, the procurement of which was denied in 2006 by a member state of the Nuclear Suppliers Group (NSG); part of the multinational Petrofac Group; as of December 2004, secured a $30 million maintenance, modification and operations contract with South Pars Gas Complex (SPGC) to support production from phases 2 and 3 of Iran's South Pars gas field." (Iran Watch, "Petrofac Pars PJS," 8/28/08)