Research spending soars 11-fold as dozens of projects advance in NISOC

SHANA (Tehran) – The head of research and technology at the National Iranian South Oilfields Company (NISOC) said dozens of projects are underway across research, first-of-its-kind production, graduate studies and artificial intelligence, with research funding rising more than elevenfold over the past five years.

€150m gas projects launched

SHANA (Tehran) – The CEO of the Iranian Gas Engineering and Development Company announced the launch of 680 kilometers of gas transmission pipelines and nine turbocompressor units across four gas compressor stations, with a total investment of €150 million under the 14th administration.

Deputy minister:

Gov’t, investors work to resolve financial challenges in projects

SHANA (Tehran) – The deputy planning minister of petroleum emphasized the importance of collaboration between the government and investors to address financial challenges in projects, stating: "One-sided concessions are not feasible under current conditions, and full cooperation from both sides is essential to overcome obstacles."