Gulf Oil and Gas accountACCOUNT

Iran Petchem Firm & Siemens Sign MOU to Broaden Cooperation

Source: Shana 5/8/2018, Location: Asia

Iran's Persian Gulf Petrochemical Industries Company (PGPIC) and Germany's Siemens have signed a letter of intent to broaden their cooperation. The memorandum was signed on Tuesday on the venue of the annual Iran Oil and Gas Show in Tehran. The memorandum would upgrade the nature of their relationship from seller-buyer to trade partnership.

It was signed by CEOs of the two companies.

"The message of this MOU is that our relationship with Siemens would no longer be limited to commodity purchase; rather the two companies would cooperate in such domains as maintenance and upgrading the quality of products," Jaafar Rabiei, CEO of PGPIC, said.

"Iran's petrochemical industry will have long-term cooperation with Siemens. In the past, cooperation with Siemens was based on separate agreements and in case we needed identical products we had to go through the same lengthy process," he added.

"That would help reduce the price of foreign commodities. We can also link domestic companies with big international firms," said Rabiei.

Oil & Gas Companies News in Iran >>

Azerbaijan >>  12/6/2018 - Honeywell announced today that the State Oil Company of Azerbaijan Republic (SOCAR) will use Honeywell UOPs Pressure Swing Adsorption (PSA) technolog...
India >>  11/30/2018 - Great Eastern Energy Corp (GEECL) will invest up to USD 2 billion over the next 10 years in its Raniganj (south) block in West Bengal to exploit shale...

Indonesia >>  11/26/2018 - Japan Drilling Co., Ltd. (JDC) is pleased to announce that its subsidiary company "P.T. Japan Drilling Indonesia" together with a shipping company in ...
Azerbaijan >>  11/18/2018 - Leading international oilfield services company, Expro, has strengthened the opening of its new purpose-built facilities in Baku, winning a four-year ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


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 | 25 |

More News

Related Links

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