# NIOC signs contract with Oil Turbo Compressor for 14 turbo compressors in Iran

The National Iranian Oil Company signed a contract with the Oil Turbo Compressor Company to manufacture 14 turbo compressors of 15 MW each for southern Iranian oilfields. About $200 million is to be invested in the project.

- Type: Contract
- Announced: 2023-05-19
- Where: southern Iran oilfields, Iran
- Value: $200.0M
- Status: completed
- Capacity: 14 turbo compressors, 15 megawatts each
- Products: turbo compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [National Iranian Oil Company](https://endata.com/companies/10589.md) (customer)
- [Oil Turbo Compressor Company](https://endata.com/companies/10590.md) (supplier)

## Sources

- [server-45-159-198-4.da.direct](https://server-45-159-198-4.da.direct/articles/energy/118167/740-million-investment-for-turbo-compressor-localization), 2023-05-20: "The initiative seeks to renovate and replace worn-out turbo compressors, reduce costs, improve performance and boost gas pressure in the stations of the southern oil-rich regions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.