Gulf Oil and Gas accountACCOUNT

NIOC Inks 4 Research Agreements to Develop Oil Industry

Source: Tehran Times 8/4/2019, Location: Asia

National Iranian Oil Company (NIOC)’s Exploration Directorate signed four agreements with Iranian universities and knowledge-based companies for research in various fields of geophysics, geochemistry, unconventional hydrocarbon resources and drilling.

The agreements include, a project for quantitative interpretation (QI) of Abadan plain’s seismic cube, research studies on Lorestan Province’s shale oil resources and geochemical study of some hydrocarbon reservoirs in southern Iran as well as a project for producing 10,000 barrels of a High Pressure, High Temperature (HPHT) drilling fluid.

According to the report, considering the challenges of exploring hydrocarbon resources, NIOC’s Exploration Directorate has identified various research projects and created a roadmap based on the country’s sixth five-year national development plan (2016-2021) and in line with its organizational strategies.

Since the reimposition of sanctions, Iran has been encouraging domestic companies’ presence in its oil and gas projects, both in exploration and in development sectors.

In exploration sector, as there are many blocks waiting for exploration, NIOC is seriously following up the plans to lay the ground for the private sector’s contribution.

According to Ali Vatani, an advisor to vice president for science and technology, currently about 300 knowledge-based companies are active in the field of oil industry in Iran.

As the official said the government fully supports knowledge-based companies which are active in providing equipment and components for the oil industry and petrochemical production.

A number of universities and research centers are now responsible for exploiting oil resources, Vatani said.

“Tasking a specific university with conducting activities related to extraction and increasing recovery rate of oil reserves could help us reach our objectives sooner”, he proposed.

Development News in Iran >>

Russia >>  11/15/2019 - LUKOIL completed construction of the first well as part of Phase 3 of the development of the V. Filanovsky field in the Caspian Sea. The well was dril...
Israel >>  11/13/2019 - Energean Oil and Gas plc (ENOG), the oil and gas producer focused on the Mediterranean, is pleased to issue the following trading update for the perio...

United Arab Emirates >>  11/13/2019 - The Abu Dhabi National Oil Company (ADNOC) announced a significant investment to upgrade its giant Bab onshore field, one of its largest onshore produ...
Ghana >>  11/6/2019 - Ghana will revoke four petroleum exploration licences from companies that are not developing the assets. The country will take aggressive action to en...

Indonesia >>  11/4/2019 - Sonoro Energy, through a wholly owned subsidiary company Zamatra Bakau Straits, along with its Indonesian co-venturer, has announced that it is in the...
Gabon >>  10/30/2019 - BW Offshore Limited (BWO) is pleased to announce a revised Ruche development plan including the Hibiscus discovery which will accelerate production gr...

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  Skilled Labors  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 | 26 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.