Director of Items Procurement at National Iranian South Oil Company (NISOC) Naser Kheradmand said a project to domestically devise the technical know-how, design and build BB3 type pumps is 70% complete by the company.
The multistage pump is being manufactured for the first time in Iran, said Kheradmand, in line with the Supreme Leader's instructions regarding the Economy of Resistance.
He said PETCO Company was assigned the project to construct the pumps in 2014 with an investment of IRR 72b.
He said the technical savvy for building the items has been acquired by the Iranian company and they will be ready for installation in the second half of the current Iranian calendar year which began on March 20.
BB3 type pumps are widely used by NISOC in its oil and gas units. Localization of their manufacture will save the country so much wealth and generates jobs.
The procurement unit of NISOC has so far localized construction of a number of key oil and gas production items like a gas turbine.
BB3 Type Pumps are centrifugal, between-bearings, multistage, axially split case designs ideal for critical heavy-duty process applications.