Tag Archives | oil rigs

Iran Running 7% of World Drilling Rigs

Iran is in possession of nearly 7 percent of the world’s oil rigs, a senior Iranian oil official said. Roknoddin Javadi, deputy petroleum minister for supervision over hydrocarbon reserves, told an international drilling congress on Saturday that 7 percent of the world’s drilling rigs are currently operating in Iran’s oil and gas industry. He said […]

Russian Shipbuilder wins $1bn Iran Oil Rig Deal

By John Lee. A Russian shipbuilder has reportedly been awarded a contract worth nearly $1 billion to build five offshore drilling rigs for use in Iranian waters. An official from Krasnye Barrikady told Reuters that the project, which was under discussion for almost two years, will be financed jointly by Russia and Iran. Iran will soon […]