ISOICO is Iranian company that is business Partner with Khatam al-Anbia, company that is controlled by IRGC;
ISOICO is in cooperation with designated Khatam al-Anbia Construction, in consortium of Khatam ol-Oseo.
Khatam ol-Oseo was awarded the exploration and production work for phases 13 and 14 of the South Pars field for USD 5 billion in 2010 after Shell and Repsol failed to meet a negotiation deadline;
ISOICO is Iran Maritime Industrial Company SADRA’s sister company – SADRA is designated by the Treasury Department as entity owned by the IRGC’s Khatam al-Anbiya, pursuant to Executive Order (E.O.) 13382 – an authority aimed at freezing the assets of proliferators of weapons of mass destruction (WMD) and their supporters and thereby isolating them from the U.S. financial and commercial systems;
Source » isoico