7 May 2015 - 11:16
  • News ID: 240181
KEPCO Seeks Investment

TEHRAN May 07(Shana)--Khazar Exploration and Production Company (KEPCO) is looking for investment through ongoing Oil and Gas Show, the company’s chief said.

“KEPCO is not after publicity and we try to find investors for our requirements,” Ali Osouli said at Tehran Oil Show.    

He said that the petroleum industry’s needs are being diversified every day and that more technologies are being needed.

Osouli said the coincidence of Tehran Oil Show with positive nuclear talks offers an opportunity for new planning and major developments.

He said that KEPCO projects are costly as they need state-of-the-art technology.

Osouli said some companies have voiced readiness to help KEPCO in early production and construction of semi-submersible platform.
News ID 240181

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