Oxin Energy Group (OEG)

Oil & Energy - , ,

Oxin Energy Group (OEG) Details

Oxin Energy is actively supplying various products for the Iranian mainstream business, oil and gas. Thanks to the internal growth of the company following the recent fundamental changes in our country's domestic and international relations, today Oxin Energy is capable and willing to develop its scope of supply and services.History: FINCO (First International Company) was established as the first investment and financing company for oil and gas projects in 1990, with shareholders from credible oil and gas contractors, engineering companies, industrial and commercial firms and also reputable senior governmental and banking managers.First project assigned to FINCO was the Kazakhstan, Turkmenistan, Iran, Persian Gulf gas pipeline project. A consortium of 18 companies from Saudi Arabia, Great Britain, The Netherlands, Turkmenistan, Singapore, Germany and Iran was formed. Due to reasons out of control to the consortium and after two years the project was cancelled by the government. The shareholders decided to freeze the activities of the company. Finally during 2008, Oxin Energy was born out of FINCO.Oxin Energy started its operations by creating a new consortium for financing oil and gas projects up to a value of EUR 2 Billion. Numerous meetings have been held regarding this subject with the board of the National Iranian Oil Company, National South Oilfields Company, North Drilling Company and National Iranian Drilling Company, especially regarding supplying various types of on-shore and off-shore drilling rigs to North Drilling Company and also participating in tenders for delivering off-shore drilling rigs.

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Employees: 10
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Location: , ,
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