VOL. XLVI

No 3

20-January-2003

IRAN

NIOC Awards Support Vessels Contract To Sadra

The National Iranian Oil Company (NIOC) has awarded a $56mn contract to Irans Sadra to build three logistics vessels, which will be used to support the operations of an Iranian semisubmersible drilling rig being built at the Sadra shipyard near the port of Neka on Irans Caspian Sea coast. Sadra is building the semisubmersible rig, named Khazar, under a $226mn contract awarded in March 2001 to Swedens GVA Consultants,...