Iranian Private Firms to Construct 6 Offshore Vessels for IOOC 

Iranian Offshore Oil Company, a subsidiary of the National Iranian Oil Company, has signed contracts with three private companies to build six offshore vessels. 
"The ships, designed to serve different purposes, are expected to be built in three years at an estimated cost of $50 million," Hamid Bovard, the company's CEO said on the sidelines of the signing ceremony in Kish Island on Tuesday, Shana reported.
Offshore vessels are specially designed ships for transporting goods and personnel to offshore oil platforms that operate deep in the oceans.