Italy

"RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15, 000 GT owned by IRISL, a major shipping company in Iran This dual classification is the result of a partnership signed with the Tehran-based ACS shortly after sanctions in Iran were lifted. RINA Services’ marine classification in this area reflects Italy’s strong commitment to forging long-standing relationships with countries in the Middle East and now in Iran in particular." (March 24, 2016).

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Registro Italiano Navale (RINA) “In connection with specialised assistance in the industrial and energy fields, the RINA Group offers its services to highly qualified operators, both public and private, not just in Italy but also in foreign areas of particular interest such as Kazakhstan, Iran, Croatia, Congo, Nigeria, Libya, Tunisia, Egypt, UAE, Qatar and Malaysia.” (RINA Website, “Organization.”)

As of July 1, 2021, Iplom is not identified by the US State of Mississippi as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”

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On June 30, 2020, the Mississippi Department of Finance & Administration identified IPLOM as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.” 

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In 2017 and 2019 the U.S. state of Mississippi listed IPLOM on its Iran prohibited companies list rendering IPLOM ineligible for investment and/or state contracting.

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Iran continues its quest for new crude buyers, especially in Europe, but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has observed a steady rise this year. Iran has found interest for its crude in some unusual places in the past few months as it continues it diversify its list of buyers. Earlier this month it agreed to sell 1 million barrels of crude oil to Hungary via Croatia as it seeks to widen its post-sanctions customer base, which now includes cargoes sold to oil major BP, France's Total, Greece's Hellenic Petroleum, Spain's Repsol and Cepsa, Russia's Lukoil, Poland's Grupa Lotos, Portugal's Petrogal and Italy's Saras and Iplom. Iran said it has held talks with Bosnia and Herzegovina this week as it hopes to expand its list of crude oil export destinations. However, its shipments to Asia remain the pillar of its export market. (Platts, "Analysis: Iran eyes new crude oil buyers, Asia remains linchpin," 11/1/2016).

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“Iplom SpA, [has] reportedly signed long term contracts with the National Iranian Oil Company (NIOC) to purchase crude oil from Iran.” (PressTV, “Italians seal oil purchase deals with Iran,” 6/23/2016).

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"Other oil companies in the Mediterranean including Spain's Cepsa and three other Italian oil firms, ERG, Iplom and Saras have planned to take their last cargoes from Iran in June, other market sources said." (Reuters, "Eni suspends Iran's debt payments in oil," 5/31/2012)

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Iplom imported 30,000 barrels of Iranian crude per day in both March and April of 2012. (Reuters, "Europe's Buyers Trim Iranian Oil Imports in April," 4/18/12)

Listed as an approved vendor in Iran by NIOEC, NPC and SADAF.

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"Other oil companies in the Mediterranean including Spain's Cepsa and three other Italian oil firms, ERG, Iplom and Saras have planned to take their last cargoes from Iran in June, other market sources said." (Reuters, "Eni suspends Iran's debt payments in oil," 5/31/2012)

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ERG imported 30,000 barrels of Iranian crude per day in both March and April of 2012. (Reuters, "Europe's Buyers Trim Iranian Oil Imports in April," 4/18/12)

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"Italy's biggest independent refiner by capacity, uses very little Iranian crude and expects to replace it with Russian oil if a European Union embargo takes place, Chief Executive Alessandro Garrone said Tuesday.'We use hardly any Iranian crude,' Garrone told Dow Jones Newswires on the sidelines of an event in Rome, without giving a specific amount... ERG expects to turn to Russian crude if the EU goes ahead with an embargo in an attempt to end Iran's nuclear program." (WSJ, "Little Iran Oil Used; Russia Oil Replacement Eyed," 1/10/12)

Maserati Iran has an official website and Arta Tech Motor Inc sells Maseratis.

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Maserati is a subsidiary of Fiat S.p.A

"Both Maserati and Lamborghini will no longer do business in Iran The Algemeiner has learned. The announcement comes following a campaign by United Against Nuclear Iran (UANI) aimed at pressuring the two car makers into halting their activities in the country. The campaign appeared futile until an October press conference held by Ambassador Mark D. Wallace, CEO of United Against Nuclear Iran, and New York City Public Advocate Bill de Blasio. 'We weren't trying to just embarrass anyone. We sent several letters to both companies asking them about their business in Iran and they just didn't write back,' UANI spokesman Nathan Carleton, speaking of the press conference, told The Algemeiner. The public appeal seems to have worked. 'After the event we were immediately contacted by Lamborghini. They told us they were out, they weren't doing any business in Iran anymore. We're happy with that,' Carleton said. A meeting with representatives from Maserati soon followed. During the meeting Maserati insisted its dealings in Iran had concluded after its parent company, Fiat, announced in May that it no longer had a presence in the Islamic Republic... Ambassador Wallace sent this statement on the affirmations from the car companies: 'We are satisfied with the pledges we have received from both Lamborghini and Maserati, and we applaud both for their responsible action. This campaign proved once again that when a company is forced to choose between the Iranian market and the U.S. market, it will leave Iran. We will continue to work with the Public Advocate, to pressure more and more businesses to pull out of Iran and continue isolating the Iranian regime.'" (Algemeiner, "Exclusive: Maserati, Lamborghini Withdraw Business From Iran," 01/09/13)

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"At a press conference in front of Maserati’s Manhattan showroom Monday Ambassador Mark D. Wallace, CEO of United Against Nuclear Iran, joined New York City Public Advocate Bill de Blasio  Iran180 in  calling on Maserati and Lamborghini to end their business in Iran. Ambassador Wallace was quoted as saying, 'Porsche, Hyundai, and now Kia, [have pulled] out of Iran. … [For] Maserati to end its business in Iran, [would send] a message directly to the regime elites. They must choose between a functioning economy and a nuclear weapon.'... Iran180 Executive Director Chris DeVito announced the addition of Maserati and Lamborghini to the Iran Watch List, given that the two have entered into business agreements in Iran and have refused to renounce their Iranian ties. And in the case of Maserati, which is owned by Fiat–touted the opening of a new dealership in Tehran... 'When an American is looking for a Maserati we don’t think they have any idea that the same car is being driven around by the Mullahs in Iran who bought it with oil money. We hope to educate the consumer, to give them a choice. It’s a choice what brand of car they buy and if we make them aware of the fact that these cars are affiliated with [Iran’s] activities hopefully they’ll make a different choice.' A Maserati Iran Facebook page has 15,440 ‘likes’ at the time of publication. So far Fiat, which owns Maserati, and Volkswagen Group, which owns Lamborghini, have not responded to The Algemeiner’s request for comment." (The Algemeiner, "Activists Call on Maserati and Lamborghini to End Business in Iran," 10/23/2012)

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"Some local leaders held a news conference outside of Maserati’s Tribeca showroom Monday afternoon over the Italian car maker’s continued ties with Iran. The luxury automaker plans to open its new dealership in the Iranian capital of Tehran soon. New York City Public Advocate Bill de Blasio, speaking at the news conference, said Maserati must cut ties with Iran. 'We’ve had some success convincing companies to move out of Iran but, shockingly, Maserati is going in the opposite direction,' de Blasio told reporters including WCBS 880′s Alex Silverman.'We identified both Maserati and Lamborghini as two companies actually having increased their role in Iran. So far, Volvo, Porsche, Fiat, Hyundai have all left Iran but major companies remain,' said de Blasio . . . De Blasio said the first objective is to inform the public about Maserati’s business ties to Iran . . . 'It sends exactly the wrong message,' former U.S. ambassador to the U.N. Mark Wallace said. 'For Maserati to end its business in Iran, it sends a message directly to the regime elites. They must choose between a functioning economy and a nuclear weapon.'" (CBS News, "Community Leaders Call on Maserati To Cut ‘Truly Unconscionable’ Ties With Iran," 10/22/12)

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"Wealthy Iranians are fueling an unprecedented luxury car boom despite sanctions hurting their economy, paying up to $360,000 for high-end autos, according to showroom employees and reports Sunday. 'Buyers are paying upfront for these cars, which generally cost two to three times more than abroad,' one car salesman in Tehran told AFP on condition of anonymity. A newspaper citing official customs data, Hafte-Sobh, reported that 'some 563 different Porsche models were sold in the last Iranian year (to March 2012),' worth a total $50 million before a hefty 100-percent import tax... Maserati, the growling musclebrand owned by Italy's Fiat, is also looking to get a slice of the action by opening its own Tehran showroom within weeks, reports say. The ostentatious splurge by Iran's elite starkly contrasts with the straits experienced by ordinary Iranians." (Agence France-Press, "Wealthy Iranians spur lucury car boom despite sanctions," 4/23/12)

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"Italian luxury sports car maker Maserati plans to open a dealership in Tehran, Iran, next year, as it expands its international network, not only to enhance its independence as a brand within Fiat SpA (F.MI) but also to tap demand from a new, wealthy elite in emerging markets. Maserati won't own the dealership, preferring to import cars to a representative, a spokeswoman for the brand said Friday, confirming a report in Il Sole 24 Ore, an Italian business daily." (Dow Jones Newswire. "Fiat's Maserati Brand To Open Dealership In Tehran," 9/2/11)

In a 2020 Saipem report, "TPC complex expansion study, Tabriz Petrochemical Company, Iran," is listed under "Projects." 

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"The company was reported as potentially seeking development opportunities for the Toos Gas Field. In 2018 CalPERS designated the company as under review. In 2019 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the regions and/or activities targeted by the Act. CalPERS has maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act."

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Saipem SpA had previously been removed from the Iran-related securities list. In 2017, CalSTRS designated Saipem SpA as “Under Review” for potentially having new ties to Iran and initiated a new review process. In 2018, CalSTRS removed Saipem SpA. after reviewing the company’s business with Iran and internal controls to prevent sanction violations.

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"Italy-based Saipem, a leading oil and gas contractor, has expressed readiness to have an active presence in Iran's petrochemical ventures. According to NIPNA, the National Petrochemical Company's official news agency, talks were held between NPC's Managing Director Reza Norouz-Zadeh and the Italian firm's high-ranking officials on the sidelines of "Milan Plast 2018 Exposition" in Italy. "Negotiations revolved around optimizing and revamping production methods,"" (Financial Tribune, "Italy's Saipem, Iran's NPC Explore Grounds for Petrochem Coop.," 7/9/2018).

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"Saipem SPA has entered a memorandum of understanding (MOU) with Razavi Oil & Gas Development Co., Tehran, about possible cooperation in the development of Toos natural gas field 100 km northeast of Mashhad, Iran. The MOU is the third Saipem has signed with Iranian entities this year. The Italian company said Toos field has more than 60 billion cu m of gas in place and capacity to produce 4 million cu m/day. The development would involve the drilling of 5-7 wells and design and construction of production, transportation, and processing facilities. In January, Saipem signed an MOU with Parsian Oil & Gas Development Co. about possible cooperation in revamping and upgrading the 110,000-b/d Tabriz refinery and planned, 120,000-b/d Pars Shiraz condensate refinery to be linked with the 60,000-b/d Shiraz refinery. Also in January, Saipem signed an MOU with National Iranian Gas Co. on possible cooperation on two natural gas pipelines, IGAT 9 and IGAT 11, with combined lengths of 1,800 km." (April 12, 2016).

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"During the official State visit to Iran of the Italian Prime Minister, Matteo Renzi, Saipem Chief Executive Stefano Cao and Ali Yadghar, Managing Director of Razavi Oil & Gas Development Company, entered into a Memorandum of Understanding (MoU) concerning potential cooperation on a major project in the country. The MoU envisages discussions aimed at potential cooperation on the Toos Gas Field Development Project, located 100km northeast of Mashhad. The gas field, holding over 60 billion cubic meters of gas in place, has the capacity to produce some 4 million cubic meters of gas per day. The development project encompasses the drilling of 5 firm plus 2 optional wells, and the design and construction of all upstream gas production facilities and those for transportation and processing." (April 12, 2016). 

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"Saipem has entered into a Memorandum of Understanding (MoU) concerning potential cooperation on major pipeline projects in Iran. The MoU, signed with the National Iranian Gas Company (NIGC), envisages discussions aimed at Saipem’s potential cooperation in NIGC pipeline projects - including IGAT9 and IGAT11 - which cover 1800km." (January 26, 2016). 

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In 2013 Saipem was removed from Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran after it was determined to have past involvement. 
 

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Saipem is a 43% owned subsidiary of Italian energy giant, Eni. (Saipem Website, "History")

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Saipem maintains a branch office in Tehran. (Company Wesbite)

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In 2012, Saipem was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996.
 

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"The oil rigs currently operating in Iranian waters mostly work for Iranian state-owned companies. The rigs are owned by a variety of foreign firms, including Norway's Sinvest, London-based Foresight Group, China Oilfield Service, Japan Drilling and Saipem, a subsidiary of Italian oil giant ENI. Industry sources said they would probably be certified by either Lloyd's or Bureau Veritas. BV did not respond to inquiries." (The Washington Post, "Congress sees shipping-certification firms as tool to tighten Iran noose," 12/5/2011)

Siirtec Nigi is an Italian engineering firm specializing in sulphur recovery, acid gas removal, oil and gas processing, and environmental cleanup (Company Website).

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The Italian engineering and contracting company, Siirtec Nigi has been awarded several contracts to help develop Iran's energy sector. According to the company's website, Siirtec Nigi received a contract from Italian trading and supply firm Irasco S.r.l. in August 2007 to supply the engineering, procurement and fabrication of various technological units at Iran's Kharg Island.

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Siirtec Nigi lists dozens of major projects in Iran's energy sector in its "Equipment and Packages Projects" section of its website. (Company Website)

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Siirtec Nigi lists the Iranian Offshore Oil Company, a component of the National Iranian Oil Company (NIOC) as a client. (Company Website)

Inox Tech manufactures "longitudinally welded corrosion resistant pipes in a wide range of sizes and materials" (Company Website).

According to the company's website, Inox Tech has manufactured corrosion resistant pipes for a variety of clients completing projects in Iran, including 19 projects listed on the website. Most recently, in 2010 the company assisted the Kaveh Methanol Company to develop a methanol plant. Inox Tech's website also trumpets its work on the completion of Phases 4 and 5 of Iran's South Pars gas field development project.

Cemp International is an Italian engineering firm that manufactures industrial motors designed for application in the energy industry.  It is a part of the Indian Holding Group ABG (Company Website)

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CEMP lists seventeen projects in Iran from the last three years in its "References" section.  These include five from the year 2012, three of which involved the South Pars Field Development.  In total, CEMP lists more than 50 projects in Iran as references. (Company Website)

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CEMP lists the Khavar Engineering Company in Mashad, Iran as an "Authorized Repairer." (Company Website)

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The firm lists a Tehran engineering company, Norahan Tadbir Toos Eng. Co., as providing sales, distribution, and repair services for Cemp in Iran. 

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Cemp International does business in the United States through its Canadian subsidiary, Lafert Metricmotors.

Sofinter is a steam and power generation company, deriving power from various sources including biomass, conventional fuels, and industrial waste. It specializes in the design, manufacture, and installation of salt water desalinization plants, along with waste treatment and industrial boilers (Bloomberg). 

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Sofinter subsidiary Europower manufactures machinery for power plants, and has been active in Iran. On its "Experience" page, Europower describes a contract it fulfilled to expand Iran's Shahzad Arak refinery, the largest in the Middle East. Europower provided machinery, design calculations, detailed drawings, 3D modeling, and materials requisitioning to facilitate an expansion of the plant. Europower contracted with the Iranian Oil Engineering and Construction Company, a state-owned entity. 

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Sofinter subsidiary Macchi, a manufacturer of machines for steam and power generation, lists twelve boiler projects in Iran under its "Worldwide Experience" page. 

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Sofinter subsidiary Saline Water Specialists, a manufacturer specializing in industrial water treatment solutions and seawater desalination, lists four installations in Iran under its "Worldwide Experience" page.

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Sofinter subsidiary Commissioning Italia, an industrial service training company, lists 6 refineries and installations in Iran for which it has performed work on its "Worldwide References" page.

Snam Rete Gas "heads the regulated gas sector in Italy" and manages the transportation, regasification, and storage of natural gas through pipelines throughout Italy. They are 50.03% owned by ENI, had a net profit of 732 million euros in 2008, and 1.25 billion euros of investments (Company Website). 

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Snam Rete Gas has been targeted for divestment by the Florida State Board of Administration as a company involved with the Iranian petroleum sector.

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The State of California added Snam Rete Gas to a 2013 list of "entities prohibited from contracting with public entities in California per the Iranian Contracting Act, 2010."