83030
The Oil Ministry intends to secure the domestic firms’ presence in the   energy industry.
The Oil Ministry intends to secure the domestic firms’ presence in the   energy industry.
Tuesday, March 06, 2018

Dana Energy Company Signs MoU With NIDC

Tuesday, March 06, 2018

Dana Energy Company Signs MoU With NIDC

The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, has signed a memorandum of understanding with Dana Energy Company to cooperate in oil and gas development projects.
The MoU was signed by Sepehr Sepehri, NIDC's managing director, and Mohammad Iravani, the CEO of Dana Energy Company, on Sunday based on EPC (engineering, procurement and construction) and EPD (engineering, procurement and drilling) contracts, NIOC's news portal reported.
As per the agreement, Dana will provide NIDC with a range of services, including technical engineering support, and supply drilling and extraction equipment. 
According to Sepehri, the move is in line with the Oil Ministry's policy to indigenize oil and gas equipment.
Dana is a leading private oil and gas company active in exploration and production, upstream services and energy trading. 
 

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.

Short URL : https://goo.gl/FC38zj
03/06/2018
  1. https://goo.gl/P9ycj3
  • https://goo.gl/kUZ2kn
  • https://goo.gl/q9GCUx
  • https://goo.gl/DrwAEb
  • https://goo.gl/iQbDZC

You can also read ...

India Co. Says ‘Important’ to  Buy Some Iranian Oil
Mangalore Refinery and Petrochemicals, a subsidiary of India’s...
NIOC Chief: US Talk to Zero Iran Oil Export Is Hot Air
Rhetoric from the United States that it wants to reduce Iran’s...
Iran's Marjan Petrochem Company Exports 1st Methanol Cargo
The first 20,000 ton methanol consignment produced by Marjan...
Crude Prices Rise
Oil prices rose for a fourth day on Wednesday after industry...
NOPEC Threat Prompts Change at OPEC
OPEC has urged its members not to mention oil prices when...
Russian Expert: Collaboration With Oil Majors Could  Help Iran Enhance Energy Output
Iran has proved that it has great potential for investment...
Foreign Firms to Invest in Mazandaran DGs Power Projects
Foreign companies have signed contracts to invest in small...

Add new comment

Trending

Googleplus