20:18 GMT +319 August 2019
Listen Live
    General view of part of Tehran's oil refinery south of the capital Tehran, Iran

    Iran Builds Gas Micro Generator Breaking US Monopoly in Offshore Drilling

    © AP Photo / Vahid Salemi
    Middle East
    Get short URL
    0 344

    The Iranian experts were able to construct a gas micro bubbles generator which facilitates drilling into oil wells – a technology which has so far been used by only the United States.

    Iranian energy officials announced that for the first time they have been able to produce a fluid which is used to drill oil wells, therefore, breaking the US monopoly in the field.

    The Iranian experts at the Ministry of Petroleum were able to construct a gas micro bubbles generator which facilitates drilling into oil wells – a technology which has so far been used by only the United States.

    “This technology will be soon tested in one of Iran’s most important oil fields,” said Mohammad Soleymani, a research director from the Ministry of Petroleum, Iranian media reported.

    “It is specifically helpful for fields that have suffered a huge degree of depletion,” Soleymani added.

    Related:

    Oil Market to Remain Stable Despite Iran’s Plans to Boost Exports
    Oil Giant to Pay Over $200Mln in Fine for Trading with Iran, Sudan - DoJ
    Oil, Saudi Arabia and Israel Lose Most From Iran Nuclear Deal
    Iran Aims to Compete With Saudi Arabia in Asian Oil Market
    Iran to Produce Oil Despite Sanctions
    Tags:
    monopoly, energy, oil drilling, Oil, Ministry of Petroleum, United States, Iran
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik