National Iranian Oil Company · Tehran Iran
Company Description
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Sitting on a deep reservoir of black gold, Iran shares its oil with the world through the government-owned National Iranian Oil Company (NIOC). NIOC produces more than 4.2 million barrels of crude oil per day from its 137 billion barrels of in-place reserves. It also has natural gas in-place reserves of more than 28.2 trillion cubic meters. Iran has had little exploration activity during the past 30 years, but that is changing as firms from several countries (including France, Italy, Malaysia, and the UK) have ignored US government sanctions to sign development agreements. To read the full description, subscribe now.
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Key National Iranian Oil Company Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | March |
| Employees | 36,000 |
National Iranian Oil Company Executives
13 executives listed for National Iranian Oil Company's Tehran, location.
| Title | Name & Bio | Contact |
| Managing Director | Seifollah Jashnsaz | Network |
| Director Finance | Abbas Allahdad | Network |
| Managing Director, National Iranian South Oil Company | GholamReza HasanBeyghlou | Network |
Competition
Competitive Landscape for National Iranian Oil Company
Demand for machinery depends on overall industrial activity and on the health of sectors such as agriculture, construction, and power generation. The profitability of individual companies depends on engineering expertise and efficient production. Large companies have economies of scale in purchasing. Small companies can compete effectively by specializing. The industry is capital-intensive: average annual revenue per worker is about $320,000. To read the full description, subscribe now.Top National Iranian Oil Company Competitors
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