85% of Petroleum Equipment Indigenized

Iran is 85% self-sufficient in manufacturing parts and equipment needed by the oil and gas industries, the head of the Association of Iranian Petroleum Industries Equipment Manufacturers said.
“Currently, 820 companies are members of the association, which meet 85% of the needs of the petroleum industry,” IRNA also quoted Majid Mohammadpour as saying.
Iran achieved self-sufficiency in the field of equipment manufacturing after domestic companies acquired the knowhow. 
“All stages of the design, engineering, construction and installation are undertaken by local experts and engineers, which have been achieved through the efforts of the research and development departments in Iranian firms,” he said.