Petropark Revives 700 Iranian Oil Wells via Technology Boost

The Iran Oil Industry Innovation and Technology Park (Petropark) has reported significant progress in revitalizing the country's oil wells. According to a recent report, Petropark has revived around 700 oil wells through the use of technology.

The achievement comes during the first two years of the 14th government, which began in September 2024. The progress is seen as a major step forward for Iran's oil industry, which has been impacted by sanctions and declining production levels.