Iran Sanctions - Foreign Press Centers

Date Field/Project
March
2001
June
2001
Caspian Sea oil exploration—
construction of submersible drilling rig
for Iranian partner
(IPR Strategic Business Information
Database, March 11, 2001.)
Darkhovin (oil)
(“Darkhovin Production Doubles.” Gulf
Daily News, May 1, 2008.) ENI told CRS
in April 2010 it would close out all Iran
operations by 2013.
ENI exempted from sanctions on 9/30, as
discussed above
May
2002 Masjid-e-Soleyman (oil)
(“CNPC Gains Upstream Foothold.”
MEED, September 3, 2004.)
Sept.
2002
October
2002
January
2004
August
2004
Phase 9 + 10, South Pars (gas)
(“OIEC Surpasses South Korean
Company in South Pars.” IPR Strategic
Business Information Database,
November 15, 2004.)
Phase 6, 7, 8, South Pars (gas)
(Source: Statoil, May 2011)
Field began producing late 2008;
operational control handed to NIOC in
2009. Statoil exempted from sanctions on
9/30/2010 because Statoil pledged to exit
Iran market.
Azadegan (oil)
(“Japan Mulls Azadegan Options.” APS
Review Oil Market Trends, November
27, 2006.)
October 15, 2010: Inpex announced it
would exit the project by selling its stake;
“special rule” exempting it from ISA
investigation invoked November 17,
2010.
Tusan Block
Oil found in block in Feb. 2009, but not in
commercial quantity, according to the
firm. (“Iran-Petrobras Operations.” APS
Review Gas Market Trends, April 6,
2009; “Brazil’s Petrobras Sees Few
Prospects for Iran Oil,”
Iran Sanctions
Company(ies)/Status
(If Known) Value Output/Goal
GVA Consultants
(Sweden)
ENI
Field in production
Sheer Energy
(Canada)/China
National Petroleum
Company (CNPC).
Local partner is
Naftgaran Engineering
LG Engineering and
Construction Corp.
(now known as GS
Engineering and
Construction Corp.,
South Korea)
On stream as of early
2009
Statoil (Norway)
Inpex (Japan) 10%
stake. CNPC agreed to
develop “north
Azadegan” in Jan. 2009
Petrobras (Brazil)
$225 million NA
$1 billion 100,000 bpd
$80 million 25,000 bpd
$1.6 billion 2 billion cfd
$750 million 3 billion cfd
$200 million
(Inpex stake);
China $1.76
billion
260,000 bpd
$178 million No
production
Congressional Research Service 49