63% of major repairs plan achieved in southern oilfield

63% of major repairs plan achieved in southern oilfield

The Director of Industrial Equipment and Process Machinery Repairs at the National Southern Oilfields Company, explaining the missions and performance of this management, said: "With proactive planning, localization of strategic parts, and the round-the-clock efforts of operational forces, more than 63 percent of the annual overhaul plan was achieved in 1404; an unprecedented achievement that has played an important role in production sustainability, flaring reduction, and environmental protection."
Morteza Behrouzifar: It is unlikely that we will see a jump in oil prices in 2026

Morteza Behrouzifar: It is unlikely that we will see a jump in oil prices in 2026

A faculty member of the Institute for International Energy Studies announced that price levels in 2025 were lower than the previous year, and said: "Given the experience of the oil market in recent years, it is unlikely that we will see a significant increase in prices in 2026 unless a specific development occurs in the global economy or geopolitical equations."
Ministry of Petroleum Research Week: Focus on digital transformation and new technologies

Ministry of Petroleum Research Week: Focus on digital transformation and new technologies

This year's Research and Technology Week at the Ministry of Oil focused on developing new technologies, deepening the industry's relationship with universities and knowledge-based companies, and moving purposefully toward digital transformation. It was a week that was accompanied by the signing of research and technological contracts, the unveiling of knowledge documents and products, and the presentation of reports on the achievements of the oil industry in the field of innovation. The set of actions taken this week reflects the strategic approach of the Ministry of Oil to respond to the technological needs of the industry and enhance the productivity, sustainability, and competitiveness of this strategic industry.
Virtual flow meter based on artificial intelligence is implemented in oil wells

Virtual flow meter based on artificial intelligence is implemented in oil wells

The head of research and development affairs of the oil engineering and development company emphasized the necessity of moving towards data-oriented solutions and said: the implementation of a virtual flow meter based on artificial intelligence is a practical step in the direction of making oil wells smarter and reducing dependence on costly and risky technologies.
Oil research contracts based on artificial intelligence were signed

Oil research contracts based on artificial intelligence were signed

The Director of Research and Technology of the National Iranian Oil Company announced that the company's new research and technology contracts focusing on the application of artificial intelligence and digital transformation in the fields of exploration, drilling and production have been signed with the aim of increasing productivity and reducing time and cost.