Reza Kaitodi, DeputyManaging Directorof NIDC
Mohammad said the company wants to play a larger role in world markets.
According to the agreement, the NIDC
undertakes the training of the Iraqi Drilling Company's personnel in the fields of drilling operations and electronic as well as fluid mechanics engineering.
seeks to operate drilling projects based on engineering, procurement and drilling (EPD) scheme.
said a gas leak at Well #24 caused an explosion May 29 that killed three workmen and injured 12 others.
was simply a credit institution and thus did not play the role of financial intermediation by also mobilizing deposits.
Heydar Bahmani said NIDC
is in talks with Iraq National Oil Company for boosting bilateral cooperation and the two companies have signed an agreement in this regard.
Century has appointed the Citizen Investment Trust, Growmore Merchant Banker, NIDC
Capital Markets, Nabil Capital and Civil Capital as sales and issue managers.
The contract to develop Phase 13 was signed with a consortium comprising Mapna, Sadra and Petro Pidar and Phase 14 with another consortium consisting of Industrial Development and Renovation Organisation (IDRO), NIDC
and Iran Offshore Engineering Construction Co.
Deputy managing director of NIDC
has said that Iranian expert team has successfully implemented 30 cementing operations during the drilling in Libya's Zelten oil fields.
The opening of the NIDC
is a major milestone for the Indigenous community and the country as a whole.
He said that NIDC
is expected to see the number of its onshore and offshore drilling rigs exceed 70 this calendar year to March 2016.
In March 1988 NIDC
announced a big find as a well drilled near Assaluyeh, 70 km south-east of the Kangan-Nar gas fields, struck gas at a depth of 2,750 metres.