Knowledge-based Oil Engineering
Iran has become self-sufficient in the production of oil platforms. This has been largely thanks to knowledge-based engineering companies that have pitched in their efforts to make this achievement.
Previously such services were imported into the country. This means that when a new oil platform was needed or an old one needed maintenance, industry participants had to employ foreign companies to come to Iran and get the job done.
Among other complications, this process was expensive and created a dependency on foreign services.
Indigenizing services and technology needed for the oil and gas sector has saved the country millions in capital flight.
The largest volume of products coming out of the oil and gas industry are fuel oil and gasoline. Oil has been used as fuel for transport, to generate electricity that lights homes and run factories and machines. And Petroleum is the primary material for numerous chemical products including pharmaceuticals, fertilizers, solvents, and of course plastics.
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