Iran's Offshore Oil Company has signed a one billion dollar contract for the purchase of services for four offshore drilling rigs. This contract was signed in a ceremony held on Sunday (October 18), by Ahmadreza Rasti, the CEO of Iran's Offshore Oil Company.
Details of the Contract and Its Importance
In this ceremony, Ahmadreza Rasti referred to the months-long efforts to finalize these contracts, stating: "This signature is the result of collaboration among various entities in the oil industry, and without the support of the managers and colleagues of the National Iranian Oil Company, achieving this was not possible." He emphasized that the four new drilling rigs, with low construction years and suitable technical specifications, will assist in the development of drilling activities and increase production in the country's offshore fields.
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Need for Drilling Rigs and Equipment Supply
The CEO of Iran's Offshore Oil Company clarified that the company needs at least 13 offshore drilling rigs to meet its operational needs, and the provision of these four rigs will address part of the company's requirements. He added: "We hope this action will pave the way for more activity in the maintenance and development of oil and gas fields in the Persian Gulf."
Amir Maqiseh, the Investment and Business Director of the National Iranian Oil Company, also expressed gratitude for the efforts made during the ceremony, stating that these contracts are part of the National Iranian Oil Company's program to provide logistics and necessary equipment aimed at increasing the country's oil production. He noted that these contracts are signed within the framework of public-private partnerships and with the BOO (Build-Operate-Own) model.
Advancements in the Drilling Industry and Domestic Collaborations
Ali Ghaeqi, the CEO of PetroIran, and Alireza Salmanzadeh, the CEO of Sina Energy Development Holding, also highlighted the importance of attracting domestic investors to the production sector and strengthening the offshore drilling fleet. They emphasized the necessity of close cooperation between employers and investors to ensure timely supply and arrival of the rigs.
Salman Khosravi, the Deputy CEO of Iran's Offshore Oil Company, also pointed out the company's need for drilling rigs, stating that timely provision of equipment is vital for achieving significant results in oil and gas production. These 400-foot drilling rigs will enter the company's drilling fleet for the first time.
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