National Iranian Drilling Company (NIDC), a subsidiary of the National Iranian Oil Company (NIOC), has announced a deal to lend 16 drilling rigs to five domestic oil companies, according to the Tehran Times.
According to Reza Dehqan, the National Iranian Oil Company’s deputy director for development and engineering affairs, the five beneficiaries are Global Petrotech Kish Company, Petro Iran Development Company, Pasargad Energy Development Company, Qeshm Oil and Energy Industries, and Petrotenco Company.
It has been reported that the drilling rigs will be used in the development projects of Zilaei, Mansourabad, Siahmakan, Ahvaz 1, and 4, as well as Maroun 5 and 12 oil fields.
This is a continuing Iranian trend of giving business to domestic companies, with the Iranian Offshore Oil Company (IOOC) and the National Iranian Oil Company (NIOC) signing 13 deals worth $1.78 billion back in August.
