Posts Tagged “oil rig”

Iran, Russia ink $1b oil rig deal

Iran, Russia ink $1b oil rig deal

Iran’s Tasdid Offshore Development Company (TODC) signed the deal on Sunday which envisages the construction of the drilling rigs over a two-year period in the port city of Khorramshahr, the company’s Managing Director Ehsanollah Mousavi said, reported Press TV. The project will be financed jointly by Russia and Iran, and put the Islamic Republic among…

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