Over 2,000 domestic, foreign companies to attend Iran Oil Show
Iran Oil Show will host more than 2,000 national and foreign companies, a record-breaking number surpassing all previous editions of the event.
Scheduled to run for four days starting on May 8 at the Tehran Permanent International Fairgrounds, the 29th International Iran Oil, Gas, Refining & Petrochemical Exhibition marks a historic milestone in participation.
The 2,000 attending companies represent the highest turnout ever recorded in the four-day exhibition’s history, setting a new benchmark for engagement in this key industry event.
While demand for participation exceeded this figure, spatial limitations at the venue prevented some companies from securing exhibition space.
Notably, a significant portion of attendees comprises knowledge-based companies, which have demonstrated remarkable enthusiasm for the 29th edition of the exhibition.
Widely recognized as Iran’s premier industrial and commercial gathering in the oil, gas, refining, and petrochemical sectors, the annual event offers a highly valuable opportunity for industry players to showcase their achievements and products to professionals and specialists. It also enables companies to align their future activities and innovations with global market demands and the evolving trajectory of the industry.
On April 22, the Iranian Oil Ministry announced more than 200 investment opportunities valued at more than $135 billion, new incentive and financing packages and the launch of an Oil Guarantee Fund to support investors in the strategic industry, emphasizing its preparedness “to negotiate with the private sector regarding various types of contracts.”
Addressing the opening ceremony of the "Strategic Transformation in Iran's Upstream Oil & Gas Sector", Oil Minister Mohsen Paknejad highlighted the event’s focus on three pillars, including investment, production and structural transformation.
According to the oil minister speaking at the time “The Oil Ministry has so far signed 16 contracts under the IPC (Integrated Petroleum Contracts) framework for the development of 23 oil and gas fields, with total investments exceeding $27 billion. Of these, nine contracts worth approximately $13 billion are under implementation, while the remainder are nearing finalization and ratification.”