Britain's largest oil and gas engineering company, Amec Foster Wheeler, is gearing up for a return to Iran as the race to win contracts in the Islamic republic heats up ahead of the possible lifting of sanctions.
Its chief executive, Samir Brikho, told the Telegraph that he has already discussed the company’s involvement in the Iranian market with the Foreign Secretary, Philip Hammond, who reopened the British Embassy in Tehran last week.
“Iran is certainly one of the country’s we’re looking at but we can’t do anything while sanctions are still in place,” Mr Brikho said.
Mr Brikho said that Amec Foster Wheeler’s top management executive for the Middle East region had participated in the delegation led by Mr Hammond which met Iran’s President Hassan Rouhani.