IRAN Feed Atom

The chief executive of the National Iranian South Oil Company said support for education and students is part of the oil industry’s approach to sustainable development and neighboring communities, adding that more than 6 trillion tomans in social-responsibility projects have been carried out in Iran’s southern oil-producing regions since the start of the 14th government.
The head of the Oil Industry Technology and Innovation Park said Iran has revised the contract model for reviving low-yield oil wells, with more financial support from the Oil Ministry, lower risk for technology companies, easier access to well data, and no cap on the number of wells that can be assigned.