Technology

  • Investment in Oil Startups

    Investment in Oil Startups

    TEHRAN (Shana) -- The idea of establishing oil startups was first raised less than a year ago by Petroleum Minister Bijan Zangeneh. The minister gave instructions to the Office of Deputy Minister of Petroleum for Engineering, Research and Technology to follow up on the formation of oil startups. To that effect, Petroleum Ministry has now allotted 18,000 of land for knowledge-based and startup companies involved in the oil sector.

  • RIPI Inks Deal with Local Firm for Commercializing Micro-CHP Products

    RIPI Inks Deal with Local Firm for Commercializing Micro-CHP Products

    TEHRAN (Shana) – The Research Institute of Petroleum Industry has signed a contract with Aran Energy Systems Company for commercializing and selling Heat demand and Electrical demand products as well as generator engines based on OHVG gas-based engine technology.

  • RIPI Key in Oil Industry Economy

    RIPI Key in Oil Industry Economy

    TEHRAN (Shana) – The head of the Research Institute of Petroleum Industry (RIPI) said the center was able to overcome the sanctions by relying on the strength and diligence of the valuable local forces to effectively respond to the technological needs of the petroleum industry and play a decisive role in the national economy.

  • NISOC Announces Technological Needs

    NISOC Announces Technological Needs

    TEHRAN (Shana) – The director of production at the National Iranian South Oil Company (NISOC) announced the technological needs of his company.

  • Iran Oil ‘Takes Off’ for Mastering Technology

    Iran Oil ‘Takes Off’ for Mastering Technology

    TEHRAN (Shana) -- Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs. Nationalization of technical knowhow and acquisition of cutting-edge technologies have always constituted a major cause of concern for Iran’s petroleum industry. That has gathered steam in recent years thanks to efforts made by Petroleum Ministry managers in meeting the country’s needs and making maximum use of domestic capabilities.

  • Global Rivalry over Shale Oil/Gas

    Global Rivalry over Shale Oil/Gas

    TEHRAN (Shana) -- Shale oil and gas market has been gathering steam across the globe over the past decade. Many countries, particularly the United States, have developed new technologies to produce and process shale oil and gas.

  • Startups, New Energy Business Sector

    Startups, New Energy Business Sector

    TEHRAN (Shana) -- A new business sector is emerging in Iran’s petroleum industry. Several years after the formation of knowledge-based companies in this vital sector, it is now oil startups’ turn. The startups are expected to develop creative ideas with a view to reducing production costs and boosting productivity in the petroleum industry.

  • Iran Petroleum Ministry Focuses on Startups

    Iran Petroleum Ministry Focuses on Startups

    TEHRAN (Shana) -- Iran’s Ministry of Petroleum has decided to provide special support to startups and knowledge-based oil companies. Minister of Petroleum Bijan Zangeneh has said that 17 ha of land in southern Tehran would be allotted to these companies. He said the Ministry of Petroleum had a detailed plan for startups, which would become operational in the second half of the current Iranian calendar year.

  • Egypt Petroleum and Refining Industry

    Egypt Petroleum and Refining Industry

    TEHRAN (Shana) -- Egypt sits atop 4.4 billion barrels of crude oil in place, and produces 650,000 b/d of crude oil and liquids.