Organization

Iranian Oil Participants, Ltd.

Consortium of foreign oil companies that ran oil operations in southwestern Iran under the agreement announced in August 1954.

5 links, 5 backed by primary records

Play the story Explore connections

Dates
1954
Also known as
Iranian consortium
Who holds Iranian Oil Participants, Ltd.

Connections 5

stakeholders

  • BP 1954 40% Primary record 1

    Listed in the CIA history as British Petroleum, the new name of the AIOC.

  • Chevron 1954 7% Primary record 1

    Listed in the CIA history as Standard Oil Company of California.

  • ExxonMobil 1954 7% Primary record 1

    Listed in the CIA history as Standard Oil Company of New Jersey, the company later called Exxon.

  • Mobil 1954 7% Primary record 1

    Listed in the CIA history as Socony Mobil Oil Company.

  • Texaco 1954 7% Primary record 1

    Listed in the CIA history as The Texas Company.

Timeline 6 dates
  1. 1954 Iranian Oil Participants, Ltd.
  2. 1954 BP owns a stake in Iranian Oil Participants, Ltd.
  3. 1954 Chevron owns a stake in Iranian Oil Participants, Ltd.
  4. 1954 ExxonMobil owns a stake in Iranian Oil Participants, Ltd.
  5. 1954 Mobil owns a stake in Iranian Oil Participants, Ltd.
  6. 1954 Texaco owns a stake in Iranian Oil Participants, Ltd.
Proof 1 source
  1. The Battle for Iran (CIA History Staff, written in the mid-1970s; excised release 1981; this version released 2013), Central Intelligence Agency. Primary record
    British Petroleum, the new name of the AIOC, owned 40%, Royal Dutch-Shell 14%, Compagnie Francaise des Petroles 6%, and U.S. oil companies 40%
    7% each to Standard Oil Company of New Jersey, Standard Oil Company of California, Socony Mobil Oil Company, The Texas Company, and Gulf Oil Corporation
Page history 1 change
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