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 >>

Myanmar >>  1/18/2018 - Shearwater GeoServices (Shearwater) has been awarded a 10,000 square kilometer marine seismic acquisition services contract by Total and Eni for their...
United States >>  1/16/2018 - TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins. The West Hackberry 3D multi-...

Nigeria >>  1/4/2018 - LEKOIL (LEK), the oil and gas exploration, development and production company with a focus on West Africa, announces that its joint venture with Green...
United States >>  1/4/2018 - The FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in southern Delaware Basin of West Texas, known as Coyanosa Phase II...

Gabon >>  1/3/2018 - Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has commenced the next phase of its shallow water 3D Multi-Client seis...
Russia >>  12/28/2017 - Sakhalin Energy and the Sakhalin branch of the Federal Research Centre “Unified Geophysical Service of the Russian Academy of Science” have signed an ...

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 |

More News

 

Oil & Gas Companies in Iran >>


Related Links

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