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Gotaverken Arendal

Sweden

Date: March 2001 – Unclear

Deal: According to Norton Rose, the National Iranian Oil Company (NIOC) signed a $226 million deal with Swedish Gotaverken Arendal and the Industrial Maritime Company of Iran for offshore exploration and construction of an oil rig in the Caspian Sea (Iran Energy Report, August 2004). As of 2004, the project was 68 percent complete (Iran Energy Report, August 2004). Its current status is unclear.

Ties to U.S. Business: Gotaverken Arendal does not appear to have any business interests in the United States, and according to USASpending.gov, the company has not received any contracts from the U.S. government (USAspending.gov, accessed June 24, 2010).

Last Updated: July 2014