Sepehr Sepehri, NIDC CEO, signed the memorandum with Exalo and Mishan Company, a knowledge-based Iranian company, on the sidelines of the 23rd Iran Oil and Gas Show in Tehran on Tuesday.
Mishan is active in production and development of drilling cores, and NIDC signed the agreement in support for domestic manufacturers, he said during the signing ceremony of the document.
As a subsidiary of PGLIG which is one of the companies on the list of approved E&P companies, Exalo is a major European company in drilling operations.
Sepehri further underlined NIDC’s vast drilling services, expressing hope that signature of the document and cooperation of NIDC with Exalo and Mishan would improve the company’s operations.
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