Iran, Russia to Expand Technology Exchange in Oil Sector

Iran, Russia to Expand Technology Exchange in Oil Sector
(Saturday, October 18, 2025) 13:36

TEHRAN/MOSCOW, Oct. 18 (NIPNA) - Iran and Russia are set to expand technology cooperation in the oil and gas sector, with both sides sharing expertise and leveraging each other’s capabilities, Iranian Deputy Petroleum Minister for Engineering, Research and Technology Omid Shakeri said.


Speaking on the sidelines of the 8th International Russian Energy Week in Moscow, Shakeri highlighted that Iranian specialists and companies possess skills transferable to Russian counterparts, while Iran could benefit from Russian technologies in areas of domestic need.

Shakeri, representing Iran as head of the joint Iranian-Russian Economic Cooperation Commission, said the two countries are already engaged in several collaborative projects and aim to increase the scale of cooperation, particularly in light of Western sanctions, which have brought the two nations closer.

“In addition to ongoing projects, both sides are exploring new agreements to enhance cooperation and ensure tangible outcomes that contribute to the growth of the oil industry,” he said. He added that existing contracts for developing oil fields are progressing smoothly, while potential challenges and proposals for new contracts were also discussed during meetings with Russian energy officials.

The three-day energy forum, which began on Oct. 15 in Moscow, brings together representatives from nearly 100 countries, including Iran, to discuss industry developments and partnerships.

Shakeri emphasized that the expanded collaboration is expected not only to boost oil and gas production but also to facilitate technology transfer, supporting long-term development in both countries’ energy sectors.

 


Email is required
Characters left: 500
Comment is required