Russia's Tatneft, NIDC in Cooperation Talks

A delegation from Russia's oil company Tatneft and the National Iranian Drilling Company's officials explored grounds for cooperation and undertaking joint drilling ventures.
According to the National Iranian Oil Company's website, the two sides met in Ahvaz last week and discussed technology transfer. "Tatneft, Russia's fifth largest oil firm, is eager to collaborate with NIDC in launching engineering, procurement, construction and financing as well as engineering, procurement, and construction initiatives," NIDC Managing Director Sepehr Sepehri said.
Commenting on NIDC's interest to join hands with international enterprises and use their valuable experience, Sepehri noted that NIDC is preparing to play a more active role in developing drilling projects overseas.