In order to cover the market risk of equipment production that is produced for the first time in the country, the Oil Research and Technology Fund, for the first time in the oil industry, has designed and implemented guaranteed purchase contracts with the title of "Participation in Commercialization of First Time Production" contract. This type of contracts, without exposing large companies to the risk of buying first-time production products, enters them into contracts with companies that manufacture oil and gas and petrochemical equipment and guarantees obtaining of the sales market for products that are manufactured during the contract period and receive the necessary standards. In case of non-sale of the products at the end of the contract period, Oil Fund covers the producer's risk by paying a percentage of the contract value and prevents financial damage to the producer. If the sale is successful, the producing company will be on the long list and will be able to sell its products to large

and active companies in the oil industry.

All the producers of the country are invited, if they can participate in the production of the key and high-use equipment of the oil industry for the first time, to declare their readiness by filling out the technical file attached below and sending it to the address GPA@ioiv.ir. Considering that the examination conducted at this stage will be completely technical and specialized, respected companies are advised to avoid general and commercial statements and complete the attachment in an orderly manner with precise and technical literature.