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FINANCIAL NEWS
Iran to collaborate in Oman oil, gas projects
26 May 2016
(MENAFN) Iran is ready to cooperate with Oman in enhancing oil and gas projects, whereas both sides are seeking to develop ties in various areas.
However, in 2014 Iran planned to break the US and British firms’ monopoly on modern marine industry technologies and building and repairing jack ups.
Moreover, Iranian experts also managed to repair Modarres drilling platform, indicating an end to the monopoly of foreign nations.
The National Iranian Drilling Co. proclaimed that it can compete with foreign counterparts in offering engineering and technical services in the drilling industry.
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