1139 GMT November 12, 2019
The event will run until Sunday. More than 250 domestic companies — the majority of which are private ones — are participating in the event, Shana reported.
The exhibition is displaying the latest achievements in the petroleum and drilling industry.
Iran has said that domestic manufacturers are capable of providing technical services and producing 80 percent of advanced oil equipment to develop downstream and midstream projects.
Indigenization of oil and gas products tops the Oil Ministry's list of priorities and plans are in place to manufacture 14,000 key equipment.
Iran wants to expand the production of equipment, such as control valves, pipes, rotating machines (turbines and compressors), smart pigs used in cleaning the pipes, oil and gas measurement tools as well as equipment associated with health and safety.