Middle East Economic Survey
IOECC Wins Indian Rig Renovation Contract
The Iranian Offshore Engineering and Construction Company (IOECC) has won a $210mn contract for the renovation of drillings rigs in India, Mehr News Agency reported on 7 February. IOECC Deputy Projects Director Nozar Aryan said that work would begin in October 2009 and was expected to take 12 months. He added that IOECC is increasingly seeking work outside Iran. The company has participated in...