21 October 2016 - 15:44
  • News ID: 271353
Manager Hopes for Implementation of New Model of Oil Contracts

TEHRAN, Oct 21 (Shana) – Director of the Mega Projects of the Industrial Development & Renovation Organization of Iran (IDRO) Masood Golshenas says implementation of the new model of oil contracts will help the contracting companies to use their vacant capacity to develop the oil industry.

Golshenas told Shana that he hoped that following ups and downs, the new model of contracts will be in force so as to recruit Iranian manufacturers.

The IDRO Group manager referred to operation of the platform B17 built by Iran Shipbuilding & Offshore Industries Complex Co (ISOICO) and said after the project the Company has no more project for the petroleum industry. He hoped new projects will be implemented in the oil industry soon.

News ID 271353

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