Oil Industry Investment Company

Topics: Petroleum, Drilling rig, Iran Pages: 2 (449 words) Published: May 7, 2015
Oil Industry Investment Company
Who are we?

Oil Industry Investment Company (OIIC), is an Iranian private company that is occupied with imports, exports and drilling of crude oil and generally with energy. OIIC consists of twelve subsidiaries that contribute in the process of drilling, exporting, importing and transferring oil and gas. Moreover these subsidiaries also occupy with road construction, production of oil industry chemicals materials, polyethylene compounds, airplane fuelling and manufacturing of different types of spare parts used in gas, CNG and other fields. However, given the capacity of oil barrels reserves in Iran, the future of the company is already defined and focused on the energy part. OIIC is listed on the Tehran Stock Exchange (TSE).

What we want to do?

The company’s plan is to be innovative and a pioneer in the industry by offering outstanding services of high quality to the clients. In order to achieve that, the company’s business plan focuses on profitable growth and sustainable development. In order to maintain this growth the company has decided to involve in the six main activities as stated in their website: Executing of Bandar Abbas Refinery feed providence project and starting construction of its terminal process by using added capital and finance Developing a drilling fleet by purchasing one offshore drilling rig together with five land rigs and adding it to NSM Co. actual rigs fleet. Increasing the fuel service capacity in Imam Airport applicative by transferring more flights to IKIA. Follow the negotiations with NIOC in the slide of bunkering which are continue done negotiations for executing of mentioned project in article 1 above Programming for contuining swap and oil products Transit to Ira2q, Afghanistan and Armenia, Persian gulf and developing it with using of loading and discharing facilities in Khsravi and depot OIIC Stock

As mentioned above, OIIC is a publicly traded legal entity, listed on the TSE....
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Oil and Gas industry Essay
  • investment companies Essay
  • Essay on Oil Industry
  • Oil Industry Essay
  • Oil Industry Research Paper
  • Total quality management implementation in oil refining industry Essay
  • Bp: the Oil and Energy Company Research Paper
  • Essay on Venezuela, Oil Industry

Become a StudyMode Member

Sign Up - It's Free
The Walking Dead No Man's Land paid | Lot of 10 Morgan Design 1 Oz .999 Fine Silver Rounds SKU31048$180.85 19d left | Cities Skylines Update v1.06-CODEX