Domestic Firms to Meet Oil Machinery Needs

Domestic Firms to Meet Oil Machinery NeedsDomestic Firms to Meet Oil Machinery Needs

Domestic manufacturing companies are capable of meeting the oil industry's requirement for a wide range of machinery, managing director of MAPNA Group said on Sunday.

"MAPNA has made substantial investment in manufacturing much-needed rotating machinery in oil industry," Abbas Aliabadi was quoted as saying by IRNA.

According to Aliabadi, the machinery, including turbines, pumps, generators and compressors, have played a key role in developing not only the energy sector but also the whole economy.

"The production of such equipment has always posed a challenge to oil industry officials, as the apparatus is high-tech with an astronomical price," he said, noting that MAPNA is among few enterprises that has endeavored to keep itself up-to-date by entering overseas markets, maintaining its market share and meeting customer satisfaction.

Stressing that MAPNA has indigenized more than 12 types of turbines needed in the oil industry, he noted, "MAPNA has already embarked on either producing or indigenizing flow meters, boilers, underpressure reservoirs and oil industry structures such as refining control systems. Moreover, the group managed to integrate a few gas units in the country last week."

The official expressed readiness to collaborate with the Oil Ministry in the South Pars Gas Field's Phase 11 development project.

Asked about cooperation with international companies to increase its presence in the Middle East's risky market in the form of joint venture, Aliabadi said, "We signed a strategic cooperation agreement with Germany's Siemens to be involved not only in regional but also in major global projects. Furthermore, there is active cooperation with both Italian and other European companies."

Aliabadi noted that MAPNA succeeded in synchronizing a thermal power plant in Syria last month, adding that preserving personnel's health tops MAPNA's list of priorities, which explains the importance of observing health, safety and environment policies while undertaking projects.

MAPNA (Iran Power Plant Projects Management Company) is an Iranian economic institution with 39 subsidiaries such as MAPNA Turbine Engineering and Manufacturing Co. (Tuga) and MAPNA Turbine Blade Engineering and Manufacturing Co. (Parto) that are active in the establishment of thermal power plants under the engineering, procurement and construction scheme, independent power plants, oil and gas as well as rail traction projects.

Since its incorporation in 1993, MAPNA has contributed to the engineering, manufacturing of equipment and construction of power plants to generate 52,000 MW of electricity, thereby constituting 86% of Iran’s installed power plant capacity.

The total contractual value of MAPNA's projects in three fields i.e. power, oil and gas and rail traction exceeds €17 billion.