NIDC Mulls Iraq Projects

The National Iranian Drilling Company is scrutinizing proposals presented by the Italian giant oil company Eni as well as Russia's Lukoil to undertake drilling projects in Iraq. Karam Ali Naderi, NIDC's marketing manager, made the statement on the sidelines of a ceremony to sign a memorandum of understanding with a domestic Iraqi drilling company in Ahvaz, aimed at conducting drilling and overhaul operations in Basra and Zubair oilfields, Shana reported.
"Eni and Lukoil have won tenders to implement drilling operations in Iraq," he said, noting that NIDC has received proposals to join after selecting an Iraqi business partner.