Contracts to be signed to increase oil extraсtion in Iran

Contracts to be signed to increase oil extraсtion in Iran

BAKU, Azerbaijan, September 21

By Elnur Baghishov – Trend:

Thirteen contracts will be signed between the National Iranian Oil Company (NIOC) and 12 Iranian universities and a Research Center to research ways to increase oil extraction in Iran tomorrow (September 21), Trend reports citing the NIOC’s website.

According to the report, the Iranian Minister of Oil and Minister of Education will attend the signing ceremony.

“These contracts will be signed as a continuation of 9 agreements signed in 2014 on technical research and development of oil fields,” the report said.

According to the report, thus, the exploration of the Yadavaran field will be entrusted to the Tehran University, the South Pars field to the Sharif University of Technology, the Rag Sefid field to the Research Institute of Petroleum Industry, and the Masjed Soleyman field to the Sahand University of Technology in Tabriz.

“In addition, the exploration of the Esfand field will be entrusted to Shiraz University, the Khesht field to the Islamic Azad University, the Binak field to the Ferdowsi University of Mashhad, the Dorud field to the Iran University of Science and Technology, the Tang-e Bijar field to the Shahid Chamran University of Ahvaz,” the report added.

At the same time, the exploration of the Marun field will be entrusted to the Isfahan University of Technology and the Nowruz field to the Persian Gulf University, according to the report.

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