News ID: 256844
Published: 1049 GMT August 04, 2019

NIOC inks research deals with NTBFs

NIOC inks research deals with NTBFs

The Exploration Department of the National Iranian Oil Company (NIOC) signed four research contracts with universities and new technology based firms (NTBFs).

The deals, signed at Ferdowsi University of Mashhad in the northeastern province of Khorasan Razavi, on Sunday, reported Shana.

The contracts include studies in the fields of geophysics, geochemistry, unconventional hydrocarbon resources and drilling fluids.

In May, NIOC managing director announced that the company will open an office in Iraq to facilitate operation in the oil-rich country.

For the first time, a meeting was held between Iraq's senior oil officials and their Iranian counterparts on the sidelines of the 24th International Oil, Gas, Refining and Petrochemical Exhibition in Tehran.

NIOC CEO Ramin Qalambor Dezfouli said the plan for opening the office was a step forward to boost interaction between Iranian manufacturers and Iraqi oil industry officials.

"We are looking for strategies that will enable Iranian producers and manufacturers to cooperate with Iraq’s private sector," he added.



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