Iranian Researchers Indigenize Technology for Upstream Oil and Gas Equipment
10:33 - October 29, 2022

Iranian Researchers Indigenize Technology for Upstream Oil and Gas Equipment

TEHRAN (ANA)- A team of Sharif University of Technology researchers succeeded in designing and producing a technological product worth approximately $500,000 for the upstream sector of the oil and gas industry.
News ID : 518

The indigenization of this product, in addition to saving foreign currency, helps to maintain and increase oil and gas production.

Developed by Energy Asa knowledge-based company operating at the advanced technology center of the Sharif University of Technology, the disk drive system can play a key role in increasing the productivity of oil and gas wells.

Amir Hossein Rabiei, the managing director of the company, told ANA that all the designing, assembling, and manufacturing processes have been carried out by the company for the first time in the country.

In recent years, this device has been one of the technological needs of the oil industry, which has not been possible to import due to sanctions.

The company has also brought the production of other technological products to the final stage. For example, the QCM device is a system for the online characterization and measurement of various parameters of fluids and solutions.

The import of these technological products, which are needed by the oil industry, has faced challenges such as exchange rate fluctuations and the impossibility of ordering due to sanctions, Rabiei said, adding that the company has managed to save a lot of foreign currency for the country by manufacturing the equipment inside the country.

The former vice president for science and technology Sorena Sattari said in June that 80 percent of the products that are being produced for the first time in the country are related to the oil industry.

He added that knowledge-based companies and startups play a significant role in indigenizing the knowledge for the production of new equipment and products.

Iran’s Oil Minister Javad Owji has recently said that domestic producers are currently supplying over 70 percent of the oil industry’s needed equipment, adding that this figure can increase to 95 percent.


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