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William Knox D'Arcy (11 October 1849 – 1 May 1917) was a British-Australian businessman who was one of the principal founders of the oil and petrochemical industry in Persia ( Iran ). The D’Arcy Concession was signed in 1901 and allowed D'Arcy to explore, obtain, and market oil, natural gas, asphalt, and ozokerite in Persia. [1] Early life.
Apr 29, 2024 · William Knox D’Arcy (born Oct. 11, 1849, Newton Abbot, Devonshire, Eng.—died May 1, 1917, Stanmore, Middlesex [now Greater London]) was an English businessman who was the principal founder of the Iranian oil industry.
On 28 May, William Knox D’Arcy is granted a 60-year concession to search for oil and gas across most of Persia. 1902 Drilling begins in November in the Chiah Surkh mountains, 350 miles west of Tehran, under the direction of engineer George Reynolds.
William Knox D'Arcy (1849-1917), mining entrepreneur, was born on 11 October 1849 at Highweek, Newton Abbot, Devon, England, son of William Francis D'Arcy, solicitor, and his wife Elizabeth Baker, née Bradford.
Dec 15, 1994 · A biography of the British petroleum entrepreneur who founded the oil industry in Persia and the Middle East. Learn about his background, his negotiations for the concession, his partnership with the Anglo-Persian Oil Company, and his legacy.
Learn how William D'Arcy, the founder of BP, obtained a concession in Persia in 1901 and faced years of disappointment before striking oil in 1908. Read about the challenges and discoveries of the first oil exploration in the Middle East.
In 1901, William Knox D'Arcy, a millionaire London socialite, negotiated an oil concession with Mozaffar al-Din Shah Qajar of Persia. He financed this with capital he had made from his shares in the highly profitable Mount Morgan mine in Queensland, Australia.
