Statements: IRANIAN OFFSHORE ENGINEERING & CONSTRUCTION COMPANY

Canonical ID: NK-nbzWgKijjkTBeF66DY98nw · Entity type: Organization (reference)

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Property		Value	Lang	Source dataset		Source ID	First seen
`LegalEntity:notes`		The Iranian Offshore Engineering & Construction Company is a subsidiary of the National Iranian Oil Company (NIOC). NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production, sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, the Iranian Offshore Engineering & Construction Company is owned or controlled by an entity which provides support to the Government of Iran.		eu_journal_sanctions		`eu-oj-c0bb6801f65912c4f462e12c58a9568c2069e4b0`	2025-09-29