Monday, 28 November 2011
Iran: Award without tender?
This new policy seems to have been devised as a result of sanctions that have effectively prevented international players from approaching Iranian energy projects.
It is not known whether Iranian contractors have the expertise to handle projects on their own. They may possess the basic knowledge to take care of tasks such as site preparation and the design of platform topsides, but they will need to involve foreign technology partners in some project aspects.
There is also no doubt that the new approach will pave the way for corruption in project awards.
For more news and expert analysis about Iran, please see Iran Strategic Focus.
© 2011 Menas Associates