Petropars and Russian Oil & Gas Union Sign Cooperation MoU
On the third day of the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition, a memorandum of understanding (MoU) was signed between Petropars Group and the Russian Oil and Gas Union at the Petropars booth.
According to the Public Relations and International Affairs Department of Petropars, the agreement was signed by Dr. Hamidreza Saghafi, CEO of Petropars, and Nikolai Isakov, Vice President and Executive Director of the Russian Oil and Gas Union.
This MoU emphasizes the utilization of the technical and engineering capacities of both nations and aims to expand specialized cooperation in oil and gas projects. It marks a significant step toward leveraging the shared capabilities of the two parties in international energy ventures.
During the signing ceremony, Mr. Isakov expressed his satisfaction with the visit to Petropars’ booth and the meeting with Dr. Saghafi. He acknowledged Iran’s influential position in the global oil and gas industry and welcomed the initiation of bilateral cooperation.
Under the terms of the MoU, both parties committed to enhancing their technical and professional relations based on mutual benefit, respect for each other’s interests, and equal partnership—setting the stage for more extensive future collaborations.