Also Known As:
Khazar Expl & Prod Co.
Khazar Exploration and Production Company
Khazar Expl. & Prod. Co
No. 19 11th St. Khaled Eslamboli St. Tehran, Iran
19 11th Alley, Vezara Street, Tehran, Iran
(+98) 2188722430, (+9821) 88722430
Entity Web Site:
A subsidiary of the National Iranian Oil Company (NIOC) involved in oil exploration and production; sanctioned by the European Union in October 2012; removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action; sanctioned by the governments of Canada and Australia,restricting business and financial transactions with the entity and/or freezing its assets in those countries.
Explores for and produces oil and gas in the Caspian Sea, as well as the Golestan, Mazanderan and Gilan provinces of Iran; signed an agreement with Iranian Marine Industrial Company (SADRA) to construct floating vessels and platforms in the Caspian Sea; reportedly collaborates with China National Logging Corporation (CNLC); reportedly used a third-party agency to ship components from the United States to Iran, using Dubai as a transshipment point.
Managing Director is Ali Osouli; other company officials reportedly include Maleck Mohammad Gity (Petrophysics Department Head) and Saeed Rahmanloo (Drilling Manager); established in 2000.