Allocation of 800 million euros to modernize drilling fleet equipment

According to Energy Press, citing Arvandan Oil and Gas Company, Abdullah Azhari-Ahwazi stated in a meeting with Mehran Makondi, CEO of the National Iranian Drilling Company, on Saturday: National Drilling Company, as an upstream company, plays a fundamental and pivotal role in the country’s oil and gas production and is in fact considered the front line of production.
Referring to the National Iranian Oil Company’s plans to develop the oil fields west of Karun, he considered the role of the National Drilling Company in drilling oil wells important in this situation and said: Arvandan Oil and Gas Company is using national drilling capacities in various drilling and technical and engineering services to advance its goals and plans.
In this meeting, the CEO of Arvandan Oil and Gas Company exchanged views on areas of cooperation between the two companies regarding welfare services for the employees of the two companies.