Iranian, Italian Firms Sign Deal on Oil Valves

Italian companies attending a major oil exhibition in Tehran signed a contract with the Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM) on Friday on the advanced valves used in the oil industry.

The contract will let the Iranian firms have access to the cutting-edge technology for producing oil industry valves.

The report from Tasnim does not name the companies involved – Iran Business News is making inquiries.

(Source: Tasnim, under Creative Commons licence)

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