MNA National Iranian Drilling Company (NIDC), a subsidiary of National Iranian Oil Company, has dug 124 oil and gas wells across the country during the past year, a senior official said. NIDC Managing Director Abdollah Mousavi said on Sunday that the drilled wells consisted of one exploration well, 52 appraisal/development wells and 70 workover/completion ...

Financial Tribune - National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, is collaborating with 230 local manufacturers, especially in Khuzestan Province, to indigenize drilling equipment, the companys managing director said. "NIDC's Technology and Engineering Department has indigenized 2,000 pieces of drilling equipment ...

SHANA National Iranian South Oil Company (NISOC) is planning a $3 billion investment for developing 10 oil reserves in the country within the next two years. An NISOC official, Abdollah Mousavi, said the company will dip into the National Development Fund of Iran for funding the projects. Addressing the closing ceremony of an exhibition on oil ...

TEHRAN Jan 04 (Shana): Maroun Oil and Gas Production Company has managed to realize its oil production target fully by producing 600 thousand barrels per day over the first 9 months of current Iranian calendar year, began 21 March 2013. Managing director of the company, Seyyed Abdollah Mousavi, made the remarks adding the company has also started ...