Agreements With Austrian University to Boost Oil Output

Iran's Petroleum University of Technology and Austria’s University of Leoben signed on Tuesday a non-disclosure agreement on oilfield development plans and a memorandum of understanding on establishing a joint center for increasing oil extraction.

According to ISNA, the Iranian university, which is a pioneering academic body cooperating with oilfield-based plans, has chosen the University of Leoben as one of its partners. It can help successfully implement a plan to increase Gachsaran Oilfield’s extraction rate.  
Holger Ott, chair of reservoir engineering at the Austrian university, has headed a delegation to Ahvaz, the provincial capital of Khuzestan, and held a meeting with Karim Salahshour, head of PUT.