The National Iranian Drilling Company and two domestic knowledge-based manufacturing companies signed two contracts to manufacture equipment used in the drilling industry at the 29th International Oil, Gas, Refining and Petrochemical Exhibition.
The Petroleum Industry University signed seven memorandums of understanding with the aim of scientific development, research, and enhancing the university's position in the oil industry.
The purpose of this memorandum is to study and develop new flue gas injection methods to increase recovery from the Paranj oil field in Khuzestan.
The CEO of the National Southern Oilfields Company announced: "The longer the life of oil fields, the higher the natural decline in production; compared to the early 1990s, this decline has increased by about 60 percent."
A memorandum of understanding between the National Iranian Oil Company and Zagros Petrochemical Company for the implementation of the Salman platform flare gas collection project was held and signed on the last day of the International Oil Industry Exhibition.
The CEO of the Petroleum Engineering and Development Company emphasized the key role of investment in the oil industry, calling it the driving force of sustainable economic development, and announced the company's readiness to attract domestic and foreign capital in development projects.
Iranian oil reaches China via shadowy tankers that are difficult to track; now that the US has lost some of its influence due to the tariff war, this task has become more difficult than before.
The Iran Oil Innovation Event (NIOC Innovative Summit 2025) will be held concurrently with the 29th International Oil, Gas, Refining and Petrochemical Exhibition, in Hall 37A (IHIT Hall), the permanent venue of Tehran International Exhibitions.
With the official transfer of management of the Masjed Suleiman Oil Field Development Plan to the Petroleum Engineering and Development Company, preliminary technical and operational activities to enhance production from this historic field began.
The Chief Justice of Tehran Province said: "The court's decision ordered financial tracking in fuel smuggling cases. The necessary measures are currently being taken to conduct financial tracking, and reports indicate that artificial intelligence platforms are being used to conduct financial tracking."
