He said the meeting considered such topics as recovery increase, smart technology, technical service utilization, mechanisms and methods of technology transfer and types and quality of conclusion of contracts.

The official said the seminar comes on the heels of four month talks between the Iranian and Norwegian sides.

He said the seminar mainly concentrated on such upstream subjects as the IOR and EOR. 

"Norwegians enjoy rich experience in increasing the coefficient of recovery and since one percent increase in the recovery capacity will earn the country billions of dollars, transfer of technology in the field is among priorities of Iranian oil industry," he added.

He said Norwegian oil industry is not more than three decades old and despite the low record of the country's oil industry, the Norwegians have advanced in using the sophisticated technology.

The Norwegians have rich experience in smart technologies and they used the latest technology in deep undersea drilling, which can lead to more extraction from Iranian oil wells and storage tanks.