BP Ready to Run E&P Projects in Iran
BP’s President of Middle East Michael Townshend says the company is ready to return to Iran and resume its presence in Iran’s exploration and production projects in its oil and gas industry.
He said the company has great experience in big brownfield projects particularly around Ahwaz and Iraq.
Citing the greatness of investment and operational areas in Iran including the gas industry, Townshend said, “You have a lot of opportunities in Iran.”
“What we all look for is what this new era brings. If sanctions disappear, this will provide various opportunities. Iran is so rich in its experiences and its oil wealth and I look for the time when we can bring new partnerships,” he added.