Gulf Oil and Gas accountACCOUNT

Siemens to Resume Transformer Supply to Iran

Source: Shana 5/9/2017, Location: Asia

Share |
Germany’s Siemens plans to resume providing power transformers to Iran, the commercial director of its licensed production company says, attributing the development to Iran’s nuclear deal with six world powers.

“Thanks to the entry into force of the JCPOA (the official acronym for the nuclear agreement), representatives of Germany’s Siemens travelled to Iran to set up joint company for bilateral cooperation,” Hadi Golbayani said. “Given the need for communications with Siemens, [international] sanctions inflicted heavy damage on our company (which was established 50 years ago under Siemens license),” he added.

Golbayani said communication with abroad was needed mainly for the purchase of raw materials, acquisition of technology and export of products.

He said his company buys raw materials from Germany, Sweden and India, which became impossible under sanctions.

“The sanctions had dramatically increased the cost of transfer of raw materials and money transfer for this company, but today thanks to the JCPOA, we can easily buy raw materials from overseas,” said Golbayani.

Seismic survey News in Iran >>

Ireland >>  6/14/2018 - CGG has completed the Pre-Stack Time Migration (PSTM) of its 2,500-sq-km Dunquin multi-client survey acquired in Block 44 of the Porcupine Basin, west...
Mozambique >>  6/13/2018 - CGG has completed acquisition of 15,400 km2 of 3D marine seismic data in the outer Zambezi Delta Basin, west of the Beira High. The survey area covers...

France >>  6/12/2018 - Sercel has launched a transition zone version of its state-of-the-art 508XT seismic acquisition system. Seismic crews will now be able to deploy the 5...
Canada >>  6/11/2018 - TGS and Petroleum Geo-Services ("PGS") announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition prog...

Australia >>  6/8/2018 - Melbana Energy Limited has advised that Polarcus has been awarded the contract to undertake the Beehive 3D Seismic Survey over the Beehive Prospect, w...
Papua-New Guinea >>  6/8/2018 - Searcher Seismic is pleased to announce the expansion of its modern, high-quality and exploration focused seismic, magnetic and geochemical focused pr...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

 

Oil & Gas Companies in Iran >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.