The Non-Governmental Research and Technology Fund for the Oil Industry has invested in Rahe Avaran Ayandeh Darya through a share transfer agreement, promoting innovation in Iran's oil sector.

Information on the Target

The Non-Governmental Research and Technology Fund for the Oil Industry has made an investment to support the knowledge-based company, Rahe Avaran Ayandeh Darya. This investment is executed through a share transfer agreement, involving a collaboration among the shareholders of Rahe Avaran Ayandeh Darya. The signing ceremony for this four-party contract took place on March 7, 2022.

Industry Overview in Iran

Iran's oil and gas industry is a cornerstone of its economy, contributing significantly to national revenue and economic growth. As one of the world's largest oil producers, Iran has vast reserves of hydrocarbons, making it an attractive destination for investments in energy technologies and services.

In recent years, the Iranian government has sought to diversify its economy away from oil dependency, promoting knowledge-based companies to enhance inno