NTBF
-
NTBFs to help rebuild oil industry damage from war
SHANA (Tehran) – The expansion of cooperation with new technology-based firms (NTBFs) to rebuild damaged oil industry facilities and infrastructure following the third imposed war was discussed during a joint meeting between the vice president for science and the oil minister.
-
Strengthening drilling industry through NTBFs
SHANA (Tehran) – The CEO of National Iranian Drilling Company said effective cooperation with new technology-based firms (NTBFs) plays a key role in accelerating the localization of equipment, reducing dependency, addressing specialized needs and increasing efficiency in the drilling industry.
-
1,700 NTBFs partner with NPC
SHANA (Tehran) – More than 1,700 new technology-based firms (NTBFs) and domestic manufacturers are now working with Iran’s petrochemical industry, with more than 120 trillion rials ($12 trillion tomans) allocated last year to expand these capabilities, an industry official said.
-
NIGC taps 11 domestic firms to manage consumption
SHANA (Tehran) – The National Iranian Gas Company’s director of energy and carbon said a scientific and reliable method has been developed to manage gas consumption by drawing on the capabilities of 11 companies approved by the national optimization body.
-
NTBFs facilitate achieving goals
SHANA (Tehran) – Participation of the new technology-based firms (NTBFs) at the 16th Khuzestan Specialized Exhibition of Oil Industry Equipment Manufacturing in Ahvaz indicated 20 percent of growth compared to corresponding figure for last year’s expo, which facilitate achieving goals by the country’s oil industry.
-
Support for NTBFs, key to petrochemical downstream growth
SHANA (Tehran) – The director of research, technology, and domestic manufacturing at the National Petrochemical Company (NPC) emphasized the need for intelligent support of new technology-based firms (NTBFs), the development of local technologies, and the creation of a sustainable value chain to secure Iran’s share in regional and global petrochemical markets.
-
Reviving low-productivity toward advancing oil technology
SHANA (Tehran) – The deputy minister of engineering, research and technology at the Oil Ministry said that the project to revive low-productivity wells has been recognized as a key initiative for advancing oil and gas production technologies, despite existing challenges.
-
NIDC boosts local tech in oil drilling push
SHANA (Tehran) – The CEO of the National Iranian Drilling Company (NIDC) said one of the company’s strategic priorities in recent years has been the localization of key equipment and increasing the share of domestically manufactured components in drilling projects. A notable example is the construction of the third domestically built drilling rig, which resulted in savings of $7 million.