Minister of Petroleum Visits MAPNA Group / Zanganeh Welcomes MAPNA Presence in Iran’s Upstream High Tech Sector

On Sunday, October 6th, 2019, MAPNA Group hosted Minister of Petroleum Bijan Zanganeh.

The two-hour visit started with presentations by MAPNA Group’s senior executives. “Today, MAPNA Group is a solution provider, with a portfolio covering financing to after-sales services,” said MAPNA President Abbas Aliabadi. “We are ready to produce equipment needed by the oil & gas sector, in collaboration with an extensive network of local and international suppliers.”

Alireza Yazdizadeh, Strategic Planning & Control VP of MAPNA Group, also provided an account of MAPNA Group’s evolution trajectory for the visiting Ministry of Petroleum delegation.

Referring to Bijan Zanganeh’s role as the founder of MAPNA Group in 1993, Yazdizadeh related the 26-year history of MAPNA Group, as well as the company’s strategies, mission and vision. “MAPNA Group has evolved from a general contractor and licensed producer of equipment into a technology owner” he said.

Yazdizadeh retailed a list of MAPNA Group’s homegrown technological capabilities, including the manufacture of rotating equipment, hot turbine blades, and electric motors, as well as welding technologies and instrumentation.

The visit continued with a tour of manufacturing workshops of two MAPNA Group subsidiaries, MAPNA Turbine Engineering and Manufacturing Company (TUGA) and MAPNA Turbine Blade Engineering and Manufacturing Company (PARTO), where the company produces its advanced machinery and components. Products by MAPNA Electric & Control Engineering & Manufacturing Company (MECO) and MAPNA Mavadkaran Engineering Company were also put on display during Bijan Zanganeh’s visit.

The visit was wrapped up with a meeting between the ministerial delegation and MAPNA Group senior executives where the two sides discussed issues of mutual interest from product efficiency to fuel price and vehicle energy consumption.

MAPNA Oil Division CEO Mojtaba Gharavi presented a profile of MAPNA oil & gas division subsidiaries and its achievements in the oil & gas sector, including construction of gas compressor stations and petrochemical utilities, manufacture of 100 turbocompressors for national gas trunk lines, drilling operations, as well as projects commissioned by National Iranian South Oil Company.

Reaffirming MAPNA Group’s fruitful partnership with Ministry of Petroleum in development of South Pars giant gas field in the Persian Gulf, Minister Zanganeh called on MAPNA Group to focus on oil & gas upstream high-tech sector. “We need MAPNA Group to enter the oil industry’s high-tech sector” he said, reminding that the field has been dominated by only a handful of well-known international companies.

“MAPNA and Pars Oil and Gas Company should start negotiations over compressors and turbines so all 27 phases of the South Pars project come into full operation,” he demanded.

Speaking to the media, Zanganeh praised MAPNA Group’s progress and professionalism, calling the industrial conglomerate “a symbol of Iran’s homegrown technology”.

“The future is bright for MAPNA” added the Petroleum Minister. “With their efforts, new milestones can be reached in development of homegrown technology”.

MAPNA President Abbas Aliabadi also expressed confidence that MAPNA could function effectively in the upstream high-tech sector. “The infrastructure are ready [for the new business line] in MAPNA” he asserted.

Speaking to correspondents, Abbas Aliabadi also touched on MAPNA Group’s electrification projects, including the electric vehicle (EV) project and railway electrification.

Since the mid-2000s, MAPNA Group has been active in the oil & gas sector, engaging in field development, onshore and offshore drilling, and construction of downstream processing units and utilities.

The oil & gas division of MAPNA Group was among the first Iranian companies to be ratified by the Ministry of Petroleum as an accredited exploration & production (E&P) company.