Expert Proposes Iranian E&P Companies Work in Groups

The looming US sanctions against Iran’s oil industry does not mean the country will not be able to carry out  projects in the key sector as domestic exploration and production (E&P) companies can pool minds to overcome technological and financial constraints.
Narsi Ghorban, a prominent Iranian energy consultant in the UK and Iran, told Financial Tribune's sister daily Donya-e-Eqtesad that most local E&P firms either lack state-of-the-art technical know-how to conduct complex operations, or they suffer from funding problems, he said.