Iran Oil Low-Risk, High-Return Sector for Investors

The CEO of the National Iranian South Oil Company (NISOC) described investment in the oil industry as a prime opportunity for economic stakeholders, saying, "Lower risk and higher returns have made oil sector investments a lucrative prospect."

Ebrahim Piramoun highlighted the importance of the upcoming "Transformation in Investment and Development in Iran’s Upstream Oil and Gas" event, stating, "The oil and gas industry is one of the best sectors for production investment, aligning with this year’s theme chosen by the Leader."

Emphasizing investment opportunities in oilfield development, he noted, "Many of our fields remain undeveloped, partially developed, or require upgrades—even older fields need modernization. To maintain or enhance current capacities, new investments in this sector are essential."

The CEO also stressed the need to refurbish outdated oil equipment, adding, "Given the role of equipment upgrades in optimizing production, a wide range of investment opportunities exist across oil and gas sectors, offering ideal prospects for investors."

The "Transformation in Investment and Development in Iran’s Upstream Oil and Gas" event will be held on April 22 in Tehran. - Shana