Iranian Offshore Oil Company
 | This article relies on references to primary sources. (August 2009) |
The Iranian Offshore Oil Company (IOOC) is a subsidiary of the National Iranian Oil Company. IOOC, an independent legal entity, is based in Tehran and operates in southern Iran. Its activities cover important areas of the Persian Gulf and its main operations are in Bushehr Province and on Kharg Island, Sirri Island and Lavan Island.
History
After Iranian Revolution, all partnership contracts with aforementioned companies were abolished, and a year later, the Iranian Offshore Oil Company (IOOC) was established by combining those companies. The objective underlying establishment of IOOC was to achieve an optimized production as well as safeguarding oil and gas reservoirs in the Persian Gulf area along with an increase in the production rate and prevention of oil and gas migration in the common fields.
The incidents during the imposed war of Iraq against Iran with considerable damages it the offshore and onshore facilities.
External links
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