Knowledge-based firms to collaborate in developing 750 oil fields

INSUBCONTINENT EXCLUSIVE:
improving the recovery factor of 750 oil fields across the country
In this regard, the ministry will be collaborating with Iran National Innovation Fund (INIF) as the government body in charge of supporting
knowledge-based companies, Shana reported.To brief the companies and investors about the details of the mentioned program, INIF is going to
host a meeting in which the project will be presented by the officials of National Iranian Oil Company (NIOC) to financial institutions,
traders active in money and capital markets and other investors.In this meeting, while introducing the generalities of the project,
investment opportunities in this field will be explained to investors and they will also be introduced to the representatives of the
knowledge-based companies that are going to work on the project.Over the past two decades, the Iranian Oil Ministry has become more and more
determined to collaborate with knowledge-based and research-based companies, universities, and research institutes to advance its
development goals.To pursue its new goals, the Oil Ministry has signed numerous memorandums and agreements with domestic knowledge-based
more and more self-reliant.EF/MA