Categories: EnergyEuropeSelected

NIOC Mulls R&D Cooperation with Wintershall

A senior official with National Iranian Oil Company (NIOC) says the company is considering cooperation with Germany's Wintershall in research and development (R&D) projects.

Ali Kardor, NIOC’s deputy managing director for investment and finance, told Shana that Wintershall has indicated willingness to cooperate with NIOC in research and development areas and the two companies may start cooperation in the future.

Speaking on the sidelines of a ceremony to sign a memorandum of understanding (MoU) by NIOC and Wintershall in Tehran, on Tuesday, Kardo said the two companies have agreed to exchange data within a month and the German side will initiate studies on 4 oilfields in western Iran.

From Iran, Roknoddin Javadi, managing director of NIOC, and from Wintershall, Mario Mehren, CEO, signed the MoU in Tehran on Tuesday.

A subsidiary of BASF, Wintershall is Germany’s largest internationally active crude oil and natural gas producer.  It explores and produces oil and gas in Europe, North Africa, South America, Russia, and the Middle East. It has been active for over 85 years and has a workforce in excess of about 2,000 employees from more than 40 nationalities.

This will be the first time Winteshall starting direct cooperation with NIOC, said Kardor.
Golrokh Askarieh

Recent Posts

Official: Iran responds to IAEA resolution with increased nuclear enrichment capacity

Behrouz Kamalvandi, the spokesperson for the Atomic Energy Organization of Iran (AEOI), says the organization…

1 hour ago

Pictures: Demonstrators in Tehran support people of Gaza, Lebanon

Hundreds of people gathered in Tehran on Friday morning in front of the United Nations…

1 hour ago

Int’l lawyer: US plans to sanction countries cooperating with ICC on Netanyahu arrest

An international law expert and analyst has revealed the U.S. plans to impose punitive measures…

4 hours ago

Minister of science: 25% of Iranian university professors emigrated due to economic challenges

Iran’s Minister of Science, Research, and Technology, Hossein Simayee Saraf, addressed on Thursday academic migration…

4 hours ago

IRGC commander: ICC ruling against Netanyahu signifies political demise of Israel

The Commander of Iran’s Islamic Revolution Guard Corps (IRGC), Major General Hossein Salami, says that…

4 hours ago

IRGC: US Iran’s main enemy, Israel can’t survive without its support

The spokesperson and deputy head of public relations for the Islamic Revolution Guard Corps (IRGC)…

7 hours ago