May 03, 2020 21:53

Drilling Co. Seeks Bigger Share of Local and Overseas Market

Two advanced and domestically-manufactured drilling rigs (Fath 71, Fath 72) were added to the NIDC fleet in 2018 and 2019 and another platform (Fath 73) will be commissioned in a few months

The National Iranian Drilling Company can have a stronger presence in offshore and onshore oilfields, managing director of the firm said.
“Our drilling fleet is growing in number and making advances in technology. We can and will undertake more projects in the oil-rich regions, especially in Khuzestan,” Abdollah Mousavi was quoted as saying by IRNA.
Mousavi said his company, a subsidiary of the National Iranian Oil Company, has 70% of the domestic drilling market.
The company drilled and repaired 114 onshore and offshore oil and gas wells in 2019.

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