0750 GMT October 31, 2020
The signing ceremony was attended by senior officials from the country’s oil industry, including Oil Minister Bijan Namdar Zanganeh, reported Mehr News Agency.
Mostly focused on improving the recovery factor of the country’s oil and gas fields, the deals were signed with the universities of Tehran, Sharif, Amirkabir, Sahand, Shiraz, Oil Industry, Ferdowsi, Iran University of Science and Technology, Shahid Chamran, Isfahan, and Islamic Azad University, in addition to the Persian Gulf and Research Institute of the Petroleum Industry.
These deals were signed in line with an Oil Ministry plan for increasing the contribution of the country’s universities in the oil industry projects.
Since the beginning of the program in 2014 to date, universities and research institutes have been awarded the projects for improving the production of 22 major oil and gas fields with a total value of over €80 million.
In August, the head of NIOC’s Research and Technology Directorate said the company was going to conduct 25 major research projects worth nearly 700 billion rials (about $16 million) in the current Iranian year (ending March 2021).
Ebrahim Taleqani mentioned NIOC Exploration Directorate’s agreements with Iranian universities and new technology-based companies for research in various fields, saying that the Exploration Directorate was tasked to sign seven research agreements, four of which have been signed.
The official noted that other NIOC subsidiaries have also been tasked to increase their research activities and, in this regard, almost all of them are going to sign similar research agreements in the near future.
Since the reimposition of US sanctions, Iran has been encouraging domestic companies, universities, and research institutes’ presence in its oil and gas projects in all sectors including research, exploration, and development sectors.