ISOICO to build 1st Iranian-made jack-up drilling rig
Iran Shipbuilding and Offshore Industries Complex (ISOICO) has signed a memorandum of understanding (MOU) with North Drilling Company (NDCO) for the construction of the country’s first locally-made jack-up offshore drilling rig.
The MOU was signed by the ISOICO Head Hamidreza Rezaei and the NDCO Managing Director Masoud Eydi on the sidelines of the 25th edition of Iran International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show).
Based on the MOU, the two sides will cooperate in designing and constructing the mentioned drilling rig which will be used for the development of oil and gas fields in shallow waters of the Persian Gulf.