Tag Archives | National Iranian Drilling Company (NIDC)

9 Contracts Signed for Enhancing Oil Production

9 Contracts Signed with Local Firms for Maintaining, Enhancing Oil Production National Iranian Oil Company (NIOC) subsidiaries signed 9 contracts with local developers for maintaining and enhancing the production capacity of a number of Iranian oil and gas fields. The deals were signed on Tuesday in a ceremony that was attended by Iranian Minister of […]

NIDC Drills 43 Oil, Gas Wells in Q1

The National Iranian Drilling Company (NIDC) completed drilling of 43 oil and gas wells over the course of the first three months of the current Iranian calendar year which began on March 21. Hamidreza Khoshyand, deputy managing director of NIDC, said the wells were spudded in offshore and onshore projects across Iran. He also said […]

Polish Firm Signs Iran Cooperation Agreement

The National Iranian Drilling Company (NIDC) signed an outline agreement with Poland’s Exalo Drilling SA to cooperate in drilling operations. Sepehr Sepehri, NIDC CEO, signed the memorandum with Exalo and Mishan Company, a knowledge-based Iranian company, on the sidelines of the 23rd Iran Oil and Gas Show in Tehran on Tuesday, Shana reported. Mishan is […]

NIDC Drills 143 wells in 10 Months

The National Iranian Drilling Company (NIDC) has drilled 143 oil and gas wells over the course of the past 10 months. Sepehr Sepehri, NIDC managing director, has said that his company has drilled 222,381 meters of wells during the period, spuding development, workover, exploration and appraisal wells. He said the projects were carried out in […]

Eni invites NIDC to Participate in Tenders in Iraq

By John Lee. Italian oil giant Eni has reportedly invited the National Iranian Drilling Company (NIDC) to participate in its international tenders in Iraq. NIDC managing director Sepehr Sepehri is quoted as saying that Eni has invited the NIDC to take part in three drilling tenders that the it plans to hold in Iraq. The […]

NIDC Eyes Iraqi Drilling Market

The National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq‘s drilling tenders. Speaking to reported on the sidelines of an oil show in Kish Island, on Tuesday, Sepehr Sepehri, NIDC managing director, said the company’s approach is to secure itself a toehold in global markets, adding NIDC is planning to participate in […]

Iran starts Early Production at South Yaran Oilfield

Iran has started producing 10,000 barrels per day of crude oil from the South Yarn oilfield, which it shares with Iraq. According to the Petroleum Engineering and Development Company (PEDEC), the company’s managing director Nooreddin Shahnazizadeh said 6 wells of the field have become productive, yielding 10,000 b/d of crude in the early production phase […]

Iran, Iraq Assess Drilling Cooperation in Oil Projects

A delegation of senior executives from Iraq‘s National Oil Company visited senior officials with the National Iranian Drilling Company (NIDC) to discuss cooperation in drilling projects in Iraq. Cooperation and facilitation of NIDC’s presence in Iraqi projects were discussed during the Monday meeting of the two companies. A high-profile delegation from Iraq comprising executives of […]

NIDC Drills 43-km of Directional Wells

By John Lee. The National Iranian Drilling Company (NIDC) carried out 43,498 meters of directional and horizontal drilling, in 55 holes, in Iran’s during the first half of the current Iranian fiscal year (started March 20, 2017). The head of the Special Operations Bureau at the NIDC, Mehran Alipour, told Trend that this is up 16 […]

Iran Drills 11 Offshore Wells in 2016

The National Iranian Drilling Company (NIDC) drilled, or repaired 11 offshore wells in the Persian Gulf during the course of the previous Iranian calendar year (ended March 20), an official NIDC official said. Siamak Afshari, director of NIDC’s offshore drilling operations, said the wells required 6,240 meters of drilling of which 2,512 meters of development […]

NIDC Spuds 193 Wells during Last Calendar Year

The National Iranian Drilling Company (NIDC) successfully drilled 193 oil and gas wells during the previous calendar year which ended on March 20. An NIDC official, Naser Qolipour says 50 of the wells were completed 742 days ahead of plans. He said the company drilled 293,605 meters of wells during the same year. NIDC is […]

NIDC to Overhaul 6 Drilling Rigs This Year

The Corporate Planning Director of the National Iranian Drilling Company (NIDC), Naser Gholipour, has said that six drilling rigs will be overhauled this year. Gholipour told Shana that overhauling one offshore and five onshore drilling rigs is on the agenda, and since overhauling of the offshore rig is costly, tender will be held for the […]

NIDC Places 15 Drilling Rigs in Shared Fields

Iran has placed 15 offshore and onshore drilling rigs in oilfields shared with neighbouring countries, which have so far spudded 100 wells. The Managing Director of National Iranian Drilling Company (NIDC) has said the company is currently drilling wells in Azadegan, South Yaran, Azar, Sohrab and Phase 14 of South Pars oil and gas fields, […]

Iran Negotiating Drilling Deals with 30 Foreign Firms

By John Lee. The managing director of the National Iranian Drilling Company (NIDC) has said that Iran is holding talks on oil drilling projects with 30 European and Asian companies. Heydar Bahmani said on Sunday that Iran was willing to cooperate with foreign companies “utilizing the world’s modern technologies.” (Source: Sputnik)

NIDC Rig Count hits 76

By John Lee. Shana reports that the National Iranian Drilling Company (NIDC) now operates 76 drilling rigs, at Azadegan, South Yaran, Sohrab, Azar and Phase 14 of South Pars. It quotes NIDC deputy managing director Hamidreza Khoshayand as saying that the company has spudded 169 wells, including 88 development wells, 2 exploration wells and 79 […]

NIDC Drills 42 Wells in South Azadegan, South Yaran Fields

The National Iranian Drilling Company (NIDC) has completed 30 wells in South Azadegan and 12 more in South Yaran oil fields, said the company’s first deputy managing director. “Up to 70 percent of drilling operation in South Azadegan filed has been carried out and it is planned to be completed in the next four months,” […]

NIDC to Add Rigs to South Azadegan Oilfield

The First Deputy Managing Director of the National Iranian Drilling Company (NIDC) said the company will add two more drilling rigs to the development project at South Azadegan oilfield. Mohammad Reza Takayedi told Shana that NIDC has been tasked with drilling operations of 40 wells in a 24-month period. He said if the operator of […]

NIDC Considers Int’l Orders, Prioritises Home Business

The National Iranian Drilling Company (NIDC) is in negotiations with Italian firms Eni and Saipem, with a view to offering its services internationally. Company boss Heydar Bahmani also said NIDC is in talks with the Iraqi National Oil Company for increasing cooperation and the two companies have signed an agreement in this regard. But he […]