Middle East Economic Survey

VOL. L

No 30

23-July-2007

IRAN

POGC Awards 182Mn Contract For Building Two Jack-Up Rigs To Iranian Firm

Pars Oil and Gas Company (POGC) has signed a 182mn contract for the construction of two jack-up drilling rigs with Iranian firm Offshore Industries (SAF) Company, according to a 15 July report by the Ministry of Petroleums PIN news service. The contract calls for SAF to undertake engineering, procurement, construction and installation of the two rigs over a period of...