RIPI, Aker Solutions Sign Oil Technology MoU

RIPI, Aker Solutions Sign Oil Technology MoURIPI, Aker Solutions Sign Oil Technology MoU

Iran's Research Institute of Petroleum Industry and Aker Solutions, a Norwegian oil and gas services company, signed a memorandum of understanding on the transfer of state-of-the-art technology to the Persian Gulf country.

Seyyed Amir-Abbas Hosseini, RIPI’s deputy head, said on Monday, “Norway is considered one of the models in the expansion of oil industry’s technology … Based on this, Iran intends to cooperate with the country, which will be focused on technology transfer,” IRNA reported.

Aker Solutions, based in Oslo, provides oilfield products, systems and services worldwide for customers in the energy industry. The company, founded in 1841, was known as Aker Kvaerner until 2008.

Hosseini added that Aker Solutions is one of the leading companies worldwide in upstream and downstream sectors of the oil industry, which makes it a suitable choice for Iran’s partnership.

Gholamreza Manouchehri, executive director of Iranian Offshore Engineering and Construction Company, also said in mid-April that the company is expected to sign a memorandum of understanding with Aker Solutions on the construction of deepwater oil platforms.

Manouchehri added that the firm has expressed interest in implementing Iran's offshore projects, based on which the Norwegian company will finance and preside over the project while the execution will be carried out by domestic contractors.