Middle East Economic Survey

VOL. XLVIII

No 33

15-August-2005

IRAN

NIDC Completes First Iranian-Made Drilling Derrick

The National Iranian Drilling Company (NIDC) announced on 8 August the completion of the first drilling derrick designed and built by Iranian companies. The National Iranian Oil Companys (NIOCs) PIN news service quoted NIDC Managing Director Seifollah Jashnsaz as saying that the design and detailed engineering had been carried out by NIDC, while the structure was built by a number of...