The National Iranian Drilling Company (NIDC) signed a memorandum of understanding with an Iraqi company to conduct drilling and oil well repair at the Basra and Az Zubeir oilfields, Pipeline Oil and Gas Magazine reported.

The NIDC will support the drilling operations of an unnamed partner in the fields according to Karamali Naderi, head of the marketing and international cooperation administration at the NIDC, speaking to the Iranian oil ministry news agency SHANA.

Naderi added that the NIDC is also joining the Iraqi partner in bidding for local drilling tenders conducted by Eni and Lukoil.