{"id":8479,"date":"2023-11-01T12:53:11","date_gmt":"2023-11-01T12:53:11","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=8479"},"modified":"2023-11-10T07:22:42","modified_gmt":"2023-11-10T07:22:42","slug":"oil-ministry-signs-12-deals-worth-34m-with-knowledge-based-firms-in-a-year","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/8479\/","title":{"rendered":"Oil Ministry signs 12 deals worth $34m with knowledge-based firms in a year"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0\u00a0Iranian Oil Ministry has signed 12 deals worth $34 million with various knowledge-based companies over the past year, IRNA reported.<\/p>\n

As reported, the National Iranian Oil Company (NIOC) with six deals valued at $15 million has had the most deals signed with the country\u2019s knowledge-based companies.<\/p>\n

The value of the contracts signed over the past year with knowledge-based companies has increased by 110 percent compared to the preceding 12 months.<\/p>\n

Iranian Oil Ministry has so far inked a total of 51 deals valued at $68 million with 40 knowledge-based companies for the first-time production of equipment and items needed in the oil ministry.<\/p>\n

The production of the mentioned items and equipment, which have been imported into the country so far, is going to save the country $305 million.<\/p>\n

The ministry plans to sign 20 more contracts worth $135 million with knowledge-based companies in the current year and the next Iranian calendar year (ends in late March 2025).<\/p>\n

Back in May, NIOC Head Mohsen Khojasteh-Mehr said the company signed 170 deals and memorandums of understanding (MOUs) with knowledge-based firms on the sidelines of the 27th International Oil, Gas, Refining, and Petrochemical Exhibition of Iran (Iran Oil Show 2023).<\/p>\n

According to Khojasteh-Mehr, the mentioned documents included 120 MOUs and 50 deals, Shana reported.<\/p>\n

Referring to the slogan of this year\u2019s exhibition, which is “oil industry, knowledge-based production, and optimal consumption”, the official added: \u201cWe have had good meetings with the Vice Presidency for Science, Technology and Knowledge-Based Economy in order to solve upstream issues and challenges related to oil and gas fields.\u201d<\/p>\n

\u201cI hope that at the end of this exhibition, we will witness the finalization of these contracts, and next year, we unveil the products of these [knowledge-based] companies at the exhibition, and this will be the most important achievement,\u201d he added.<\/p>\n

Iran Oil Show 2023 kicked off in a ceremony in the Iranian capital Tehran on May 17 and was wrapped up on May 20.<\/p>\n

In addition to the Iranian firms, some 200 companies from 13 countries took part in this year\u2019s exhibition.<\/p>\n

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