NIOC signs 170 agreements, MOUs with knowledge-based companies throughout Iran Oil Show


(MENAFN) Chief of the National Iranian Oil Company (NIOC) has stated that the firm inked 170 agreements and memorandums of understanding (MOUs) with knowledge-located companies on the offshoots of the 27th International Oil, Gas, Refining, as well as Petrochemical Exhibition of Iran (Iran Oil Show 2023).

In line with Mohsen Khojasteh-Mehr, the stated documents contain 120 MOUs as well as 50 agreements, according to Shana reports.

Talking about the slogan of this year’s exhibition, which is "oil industry, knowledge-based production, and optimal consumption", the representative also mentioned that “We have had good meetings with the Vice Presidency for Science, Technology and Knowledge-Based Economy in order to solve upstream issues and challenges related to oil and gas fields.”

“I hope that at the end of this exhibition, we will witness the finalization of these contracts, and next year, we unveil the products of these [knowledge-based] companies at the exhibition, and this will be the most important achievement,” he continued.

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