Energy
0

Uptrend in NIDC’s Drilling Operations

Uptrend in NIDC’s Drilling Operations
Uptrend in NIDC’s Drilling Operations

The National Iranian Drilling Company’s operations witnessed a 65% rise in 2022 compared to a year ago, a deputy manager at the company said.
“NIDC, a subsidiary of the National Iranian Oil Company, drilled 8,000 meters of oil and gas wells nationwide in 2021, yet it increased to 13,000 meters in 2022, up 63%,” Peyman Shoushtarizadeh was also quoted as saying by the Oil Ministry’s news portal.
NIDC drilled and repaired 28 onshore and offshore oil and gas wells in 2021. Nonetheless, the figure increased to 38 in 2022, he added.
The company undertakes both offshore and onshore drilling and provides almost the entire drilling services needed by domestic oil and gas companies.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com