Organization

Karoon Oil & Gas Production Company

Sanctioned entity

Iran. Named in 5 sanctions listings.

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Summary

Karoon Oil & Gas Production Company is Iran’s largest oil production company and a subsidiary of the National Iranian Oil Company (NIOC). The National Iranian Oil Company (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, Karoon Oil & Gas Production Company is owned and controlled by an entity providing support to the Government of Iran.

Industrial Zone, Ahwaz, Khouzistan, Iran. Numéro d'enregistrement: IR915378759

Other associated entities (subsidiaries): — Kala Naft — Karoon Oil & Gas Production Company — Khazar Expl & Prod Co (KEPCO) — Masjed-soleyman Oil & Gas Company (MOGC) — Maroun Oil & Gas Company — Naftiran Intertrade Company (a.k.a. Naftiran Trade Company) (NICO) — National Iranian Central Oilfield Company (ICOFC) — National Iranian Oil Company International Affairs Limited — Petroleum Engineering & Development Company — Petropars International FZE (PPI FZE) — Petropars Iran Company (PPI) — Petropars Ltd — Petropars Oilfield Services Company (POSCO) — Petropars Resources Engineering LTD (PRDE) — Petropars UK Limited — South Zagros Oil & Gas Production Company — West Oil & Gas Production Company

Karoon Oil & Gas Production Company est la plus grande société de production pétrolière d'Iran et une filiale de National Iranian Oil Company (NIOC). National Iranian Oil Company est une entité détenue et gérée par l'État qui fournit des ressources financières substantielles au gouvernement iranien. NIOC détient le monopole de la production, de la vente et de l'exportation de pétrole iranien. Les recettes générées par les ventes de pétrole de NIOC jouent un rôle important dans le financement de l'armée iranienne et de l'IRGC. Par conséquent, Karoon Oil & Gas Production Company est détenue et contrôlée par une entité qui fournit un appui au gouvernement iranien. Autres entités associées (filiales): Kala Naft ; Karoon Oil & Gas Production Company ; Khazar Expl & Prod Co (KEPCO) ; Masjed-soleyman Oil & Gas Company (MOGC) ; Maroun Oil & Gas Company ; Naftiran Intertrade Company (autre dénomination: Naftiran Trade Company) (NICO) ; National Iranian Central Oilfield Company (ICOFC) ; National Iranian Oil Company International Affairs Limited ; Petroleum Engineering & Development Company ; Petropars International FZE (PPI FZE) ; Petropars Iran Company (PPI) ; Petropars Ltd ; Petropars Oilfield Services Company (POSCO) ; Petropars Resources Engineering LTD (PRDE) ; Petropars UK Limited ; South Zagros Oil & Gas Production Company ; West Oil & Gas Production Company.

Other associated entities (subsidiaries): Kala Naft, Karoon Oil & Gas Production Company, Khazar Expl & Prod Co (KEPCO), Masjed-soleyman Oil & Gas Company (MOGC), Maroun Oil & Gas Company, Naftiran Intertrade Company (a.k.a. Naftiran Trade Company) (NICO), National Iranian Central Oilfield Company (ICOFC), National Iranian Oil Company International Affairs Limited, Petroleum Engineering & Development Company, Petropars International FZE (PPI FZE), Petropars Iran Company (PPI), Petropars Ltd, Petropars Oilfield Services Company (POSCO), Petropars Resources Engineering LTD (PRDE), Petropars UK Limited, South Zagros Oil & Gas Production Company, West Oil & Gas Production Company

16.10.2012, suspended since 16.1.2016

Numéro d’enregistrement: IR915378759 Autres entités associées (filiales): — Kala Naft — Karoon Oil & Gas Production Company — Khazar Expl & Prod Co (KEPCO) — Masjed-soleyman Oil & Gas Company (MOGC) — Maroun Oil & Gas Company — Naftiran Intertrade Company (autre dénomination: Naftiran Trade Company) (NICO) — National Iranian Central Oilfield Company (ICOFC) — National Iranian Oil Company International Affairs Limited — Petroleum Engineering & Development Company — Petropars International FZE (PPI FZE) — Petropars Iran Company (PPI) — Petropars Ltd — Petropars Oilfield Services Company (POSCO) — Petropars Resources Engineering LTD (PRDE) — Petropars UK Limited — South Zagros Oil & Gas Production Company — West Oil & Gas Production Company

(UE) 2025/1980 du 29/09/2025 (UE Iran prolifération - R (UE) 267/2012) (FondementJuridique: 4007)

Karoon Oil & Gas Production Company is Iran’s largest oil production company and a subsidiary of the National Iranian Oil Company (NIOC). The National Iranian Oil Company (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

(Date of UN designation: 2025-09-29) (Designation details: 16.10.2012, suspended since 16.1.2016)

Registration number: IR915378759

Name Karoon Oil & Gas Production Company: Other associated entities (subsidiaries): — Kala Naft — Karoon Oil & Gas Production Company — Khazar Expl & Prod Co (KEPCO) — Masjed-soleyman Oil & Gas Company (MOGC) — Maroun Oil & Gas Company — Naftiran Intertrade Company (a.k.a. Naftiran Trade Company) (NICO) — National Iranian Central Oilfield Company (ICOFC) — National Iranian Oil Company International Affairs Limited — Petroleum Engineering & Development Company — Petropars International FZE (PPI FZE) — Petropars Iran Company (PPI) — Petropars Ltd — Petropars Oilfield Services Company (POSCO) — Petropars Resources Engineering LTD (PRDE) — Petropars UK Limited — South Zagros Oil & Gas Production Company — West Oil & Gas Production Company

Sanctions and listings5

  • EU sanctions against Iran - (UE) 2025/1980 du 29/09/2025 (UE Iran prolifération - R (UE) 267/2012)

    Direction Générale du TrésorFrench National Asset Freezing SystemFrance

    Karoon Oil & Gas Production Company est la plus grande société de production pétrolière d'Iran et une filiale de National Iranian Oil Company (NIOC). National Iranian Oil Company est une entité détenue et gérée par l'État qui fournit des ressources financières substantielles au gouvernement iranien. NIOC détient le monopole de la production, de la vente et de l'exportation de pétrole iranien. Les recettes générées par les ventes de pétrole de NIOC jouent un rôle important dans le financement de l'armée iranienne et de l'IRGC. Par conséquent, Karoon Oil & Gas Production Company est détenue et contrôlée par une entité qui fournit un appui au gouvernement iranien. Autres entités associées (filiales): Kala Naft ; Karoon Oil & Gas Production Company ; Khazar Expl & Prod Co (KEPCO) ; Masjed-soleyman Oil & Gas Company (MOGC) ; Maroun Oil & Gas Company ; Naftiran Intertrade Company (autre dénomination: Naftiran Trade Company) (NICO) ; National Iranian Central Oilfield Company (ICOFC) ; National Iranian Oil Company International Affairs Limited ; Petroleum Engineering & Development Company ; Petropars International FZE (PPI FZE) ; Petropars Iran Company (PPI) ; Petropars Ltd ; Petropars Oilfield Services Company (POSCO) ; Petropars Resources Engineering LTD (PRDE) ; Petropars UK Limited ; South Zagros Oil & Gas Production Company ; West Oil & Gas Production Company.

    Programme EU-IRNgels-avoirs.dgtresor.gouv.frsanctionsmap.eu

  • Listed
    29 Sep 2025

    EU sanctions against Iran - IRN

    Directorate‑General for Financial Stability, Financial Services and Capital Markets UnionEU Financial Sanctions Files (FSF)European Union

    16.10.2012, suspended since 16.1.2016

    Designation date published: 2025-09-29

    regulationType=amendment; organisationType=council

    2025/1980 (OJ L202501980)

    Programme EU-IRNReference EU.13573.17eur-lex.europa.eusanctionsmap.eu

  • Official designation

    La Principauté de MonacoMonaco National Fund Freezing ListMonaco

    (UE) 2025/1980 du 29/09/2025

    Autorité de désignation publiée : Union européenne

    Karoon Oil & Gas Production Company est la plus grande société de production pétrolière d’Iran et une filiale de National Iranian Oil Company (NIOC). National Iranian Oil Company est une entité détenue et gérée par l’État qui fournit des ressources financières substantielles au gouvernement iranien. NIOC détient le monopole de la production, de la vente et de l’exportation de pétrole iranien. Les recettes générées par les ventes de pétrole de NIOC jouent un rôle important dans le financement de l’armée iranienne et de l’IRGC. Par conséquent, Karoon Oil & Gas Production Company est détenue et contrôlée par une entité qui fournit un appui au gouvernement iranien.

    geldefonds.gouv.mc

  • Listed
    12 Dec 2025

    Measures Against The Islamic Republic Of Iran - Ordinance of 12 December 2025 on measures against the Islamic Republic of Iran (SR 946.231.143.6), annexes 11-14

    State Secretariat for Economic AffairsSwiss SECO Sanctions/EmbargoesSwitzerland

    Programme SECO-IRANReference 100626seco.admin.chseco.admin.ch

  • Listed
    29 Sep 2025

    EU sanctions against Iran

    Federal Public Service FinanceBelgian Financial SanctionsBelgium

    2025/1980 (OJ L202501980)

    Programme EU-IRNfinance.belgium.besanctionsmap.eu

Identifiers1

IdentifierNumber
Registration numberIR915378759

Addresses4

  • Industrial Zone, Ahwaz, Khouzistan, IRAN

  • Khouzestan, Industrial Zone, Ahwaz, IRAN (ISLAMIC REPUBLIC OF)

  • Ahwaz, Industrial Zone, Iran

  • Industrial Zone, Ahwaz, Khouzistan

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