Iran Press/ Iran news: The director of the exploration at NIOC has said Iran has achieved geochemical and geobotanic technology in oil exploration, thereby becoming a rival to foreign companies in exploration technologies, Mehdi Fakour said.
"Iran is currently in an oil and gas exploration relationship with four neighbors. Talks are also underway for exporting local know-how and equipment to these countries. Fakour said it would create value and income for Iran," he added.
"Exploration is the first step in the petroleum industry. Due to massive hydrocarbon reserves, Iran is experiencing extensive exploration activities. There are a total of 200 sedimentary basins in the world. Some countries in the region, including Saudi Arabia, the UAE, and Qatar, have only one sedimentary basin, but there are nine in Iran, three of which are internationally known. The Zagros basin is home to the highest hydrocarbon reserves," he noted.
The Discovery of reserves in the Persian Gulf and the Zagros Mountains gives Iran special opportunities, Fakour said, adding, "Iran’s energy roadmap attaches special importance to exploration. The roadmap is instrumental in demographic displacement, environment, and social life."
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