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Iran’s IOOC signs two agreements for offshore drilling rigs
Yahoo Finance·2025-10-06 19:07

The Iranian Offshore Oil Company (IOOC) has reportedly entered into two agreements to acquire advanced offshore drilling rigs as part of efforts to boost production from oil and gas fields. The agreements received approval from the Board of Directors of the National Iranian Oil Company (NIOC). They were signed under the special authority of the Oil Ministry, according to a report by Iran's Azad News Agency (ANA), citing IOOC CEO Ahmadreza Rasti. Rasti noted that technical and engineering preparations ...