Info:
Indirectly owned by the Mostazafan Foundation, a major Iranian parastatal entity controlled by the government of Iran; an “important entity” in Iran’s energy sector that provides substantial revenue to the government of Iran, according to the European Union; has imported key equipment for the oil and gas industry, including “prohibited goods”;
SEDCO’s Iran-based subordinate company, North Drilling Company is being designated pursuant to E.O. 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;
Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC) and Supreme Leader of Iran. Mostazafan Foundation made deals with the terrorist organization IRGC and it’s added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 18, 2020 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, the Supreme Leader of Iran;
NISOC and Schlumberger Sign MoU, NDA for Study on 3 Oil Fields;
In this meeting of Hamid Reza Golpayegani, the CEO of North Drilling Company, with Ali Abdollah Al-Raimi, the Marketing Manager of the Ministry of Oil of the Sultanate of Oman, matters discussed consisted of the expansion of bilateral activities of the North Drilling Company – (2018);
According to their official website their clients are:
ICOFC – Iranian Central Oil Fields Company
GPTKish
NIOCEXP
Dragon oil
KEPCO
Also Known As:
NDC
North Drilling Co.
NDCO
North Drlling Public Joint Stock Company
Involved In:
Nuclear Weapon Program
Country:
Iran
Address:
2127, Valiasr Street, Corner of Del Afrooz Street, Tehran 1511714315, Iran
Sanaat Square – Farhazadi St. – Taavon St. – No. 19, Tehran, Iran
Vozara St. – Baheshti St. – No. 20, Tehran, Iran; Esfandiar St. – Valiasr St. – No. 90, Tehran, Iran
No 8 35th St. Alvand St. Argentine Sq., Tehran, Iran
No. 123, Sepahbod Gharani Avenue, Tehran, 15875, Iran
Phone:
(+ 98) 2188785083-8
Website:
www.ndco.ir
E-Mail:
Pr@ndco.ir
National ID No.:
10101920830 (Iran)
Registration Number:
149235 (Iran)
Person of interests:
Ahmad Khavari – Chairman of the Board (COB)
Masoud Eidi – CEO & Vice President of the Board
Fazel Jamalzadeh – Member of the Board
Morteza Shahbazinia – Member of the Board
Habibollah Feizi – Member of the Board
Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 18, 2020 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, Bonyad Mostazafan;
» Listed by the European Union on April 23, 2014 as an entity linked to Iran’s nuclear or ballistic missile activities;
» Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;