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.

Siemens won a contract worth a high double-digit million euro range to supply 12 compressor trains for two onshore gas processing plants in Iran, operated by Palayesh Parsian Sepehr through EPC contractor Hampa Engineering. Commercial operation is due by end-2018.