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FinancialNews


  • 26-12-20

    National Iranian Drilling Company completes operation of 87oil, gas wells

    (MENAFN)The managing director of the company declared that, National Iranian Drilling Company (NIDC) dug and finished digging operation of 87 oil and gas wells in the first nine months of 2020.

    The drilled wells consisted of 22 development wells, one appraisal well, 62 work over wells, and two exploratory wells, stated Abdollah Mousavi.

    In the present, 17 drilling rigs are being transferred to operational areas, he further said.

    Indigenizing the know-how for the manufacturing of the parts and equipment put in different industrial sectors is one of the main strategies that the Islamic Republic has been following up to reach self-reliance and nullify the sanctions, after the U.S. applying of sanctions against Iran.

    MENAFN26122020000045011369ID1101341260

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