VOL. XL

No. 5

3-February-1997

IRAN

Total Awards Contract For Development Drilling At Sirri Fields To Indian Firm

MEES understands that Hitech Drilling Services of India has been awarded a contract toprovide one of three rigs mandated to carry out the development drilling work at the SirriE and Sirri A offshore oilfields. The two fields are being developed by the French oilcompany Total under Iran's first - and so far only - buy-back contract. Bids for thedevelopment drilling phase of the...