Localization of 80% of Iran Oil Well Equipment thru Research Development

TEHRAN (Shana) -- The director of exploration at the National Iranian Oil Company (NIOC) said that research has been the path opener of the country's oil industry, adding: "Due to research activities, now more than 80 to 90% of the country's oil and gas wells operate with Iranian knowledge and equipment."

Speaking on Wednesday, Mehdi Fakoor said, “Today in life, we need knowledge in our daily life and one of the tasks of research is to create knowledge.”

Referring to the wide role of research and technology in the oil industry, he added: "Only in our country in the field of energy, many openings have been provided by research and now 80 to 90% of the activity and equipment of Iranian wells from downhole pumps to crown wells are all Iranian."

News Code 450420

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