Tag Archives: Iran

This is the first toothed drilling bit built locally in Iran’s oil industry.

Recent remarks by the Iranian and Saudi officials on the dialogue between the two countries highlights significant points regarding the prospects for bilateral relations between Tehran and Riyadh.

Fath 72 Drilling Rig. built by Academic Center for Education. Culture and Research (ACECR). has been unveiled in a ceremony attended.

The Iranian-made toothed drilling bit has entered mass production phase.

Iran is following up on signing an MoU with Syria. which is similar to this MoU inked with Iraq.

All Syrian officials and important figures emphasized Iran'.s vital role in fighting terrorism.

The Ministry of Economy has taken effective steps to solve problems facing producers.

The rig’s maximum drilling depth is reported to be 20.000 feet. and the structure is able to tolerate a maximum static load of one million pounds.

Iran’s Minister of Industries Reza Rahmani bragged about great booms in the manufacturing sector in his country. saying that average daily output of carmakers has doubled in January compared to the recent months.

The Iranian defense ministry will be paid $280 million by the Port and Maritime Organization of the country (PMO) to build 83 new large vessels. in a move to bypass the US sanctions against Tehran’s transportation infrastructures.