May 9, 2016, 2:33 PM
News ID: 82067367
T T
0 Persons

Iran, Norway ink MoU to cooperate on oil industry

May 9, 2016, 2:33 PM
News ID: 82067367
Iran, Norway ink MoU to cooperate on oil industry

Tehran, May 9, IRNA - Iran Research Institute of Petroleum Industry and the Norway's International Aker Solutions Company inked a memorandum of Understanding to cooperate on oil industry, an official said on Monday.

'As per the MoU, the two sides would cooperate to develop new technolog in Iran oil industry and transfer of advanced technology,' International Relations Deputy of Research Institute of Petroleum Industry Amirabbas Hosseini said.

He said that Norway is a symbol for advanced technology across the globe for applying state-of-the-art know-how in the oil industry.

Citing Aker as one of the forerunner companies in upstream and downstream oil industry, he said Iran would cooperate with Norway to modernize national oil industry.

Several months ago, a delegation from Norway's International Aker Solutions Company held negotiations with Iranian Center for Oil Industries Research Studies.

The Norwegian delegation held talks with the Managing Director of the Oil Industries Research Center Mohammad-Reza Katuzian on technology cooperation in upstream, downstream oil industry, protection of environment and upgrading human resources specialized in the oil industry.

After the termination of sanctions, numerous European, Asian and African companies visited Iran to get acquainted with the scientific and technological capacities of the Iranian executive and scientific centers.

Among them there have been French, German, Korean and Japanese firms.

The Iranian oil industries' development suffered a setback during several years of US-led nuclear sanctions.
9060**1416
0 Persons