29.09.2025, European Union's sanctions document (EN) Download
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Remark
Registration number: IR0000047088
Date of registration 18.3.1992
Names (3)
Full name/Name
NIOEC
Full name/Name
National Iranian Oil Engineering and Construction Company
Description
The National Iranian Oil Engineering and Construction Company (NIOEC) is a subsidiary (100 %) of the state-owned and operated National Iranian Oil Company (NIOC), and is responsible for engineering and building refineries, pipelines and communications networks. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’ oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, NIOEC is owned or controlled by an entity providing support to the Government of Iran. Furthermore, it provides essential services to the IRGC.
Updated: 16.10.2025. 00:15
Sanctions list data updated: 07.10.2025. 13:16
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.
