It is noteworthy that on the concluding day of the 27th International Oil, Gas, Refining, and Petrochemical Exhibition, Sarvak Azar signed a four-year Memorandum of Understanding with the Vice Presidency for Science and Technology and Knowledge-Based Economy of the Presidency. The purpose of this agreement is to develop a knowledge-based economy within the upstream oil chain.
It should be noted that this measure is aimed at achieving objectives such as reducing the industrial import needs, critical and strategic requirements of Sarvak Azar within the framework of cooperation agreements amounting to an estimated $150 million, defining mega knowledge-based projects in research and development phases and helping to advance them through cooperation with knowledge-based companies, developing talented human resources by utilizing the human capital ecosystem of the country's entrepreneurship and knowledge-based ecosystem and providing skilled and elite human resources using the capabilities of the parties, enhancing national resilience and international competitiveness in products, equipment and licenses required by Sarvak Azar, as well as cooperation in the field of transferring technology and knowledge equipment of Sarvak Azar by considering the deposition of knowledge in a technology company approved by both parties.