Oil Minister Unveils Fath 72 Oil Rig
Oil Minister Unveils Fath 72 Oil Rig
Oil Minister Bijan Zanganeh yesterday in a ceremony unveiled Fath 72 oil rig which has been manufactured in collaboration with National Iranian Drilling Company and the Academic Center for Education, Culture and Research (ACECR).

Oil Minister Unveils Fath 72 Oil Rig

IRAN NEWS ECONOMIC DESK

TEHRAN – Oil Minister Bijan Zanganeh yesterday in a ceremony unveiled Fath 72 oil rig which has been manufactured in collaboration with National Iranian Drilling Company and the Academic Center for Education, Culture and Research (ACECR).

The newly-manufactured oil rig was unveiled by Mr. Zanganeh in a ceremony held at Site No.1 of the NIDC and in presence of the company’s manager Seyed Abdollah Mousavi.

“Fath 72” oil rig is the sixth rig made by domestic manufacturers and it is to be stationed in one of the exploration districts in the country.

NIDC and ACECR have signed for manufacturing three oil rigs worth 33m euros. According to reports, ACECR delivered Fath 71 rig to NIDC in 2018 and Fath 73 is to be delivered next year.

The rig is able to drill up to 20,000 feet and its height is 150 feet from the ground.

Addressing the ceremony, Mr. Zanganeh said Ahwaz is the third important pole in the country in terms of industrial equipment, adding that it is the ministry’s task to create work for Iranian factories.

He said manufacture of oil rig in Iran is one of the dreams of oil industry and the country needs drilling and its related equipment for years. He reiterated that rig is not merely equipment but it is a mobile plant.

He also hailed ACECR for materializing this dream, reiterating that old systems in the country usually resist any innovation. He urged ACECR to continue their efforts and cooperation with oil industry.

On the sidelines of the ceremony, Zanganeh underscored strengthening the domestic production in the sanctions era, adding that the ministry supports knowledge-based companies and start-ups.

Meanwhile the CEO of NIDC, addressing the ceremony, hailed domestic manufacturers and local experts for the achievement and their unique role in the oil industry and called them the supportive arm of oil industry.

He went on to say that for more than one decade, NIDC has been in interaction with manufacturers, industries, research and scientific centers and knowledge-based companies and over 7,000 parts and equipment have been manufactured for the drilling sector.

Mousavi said the interaction helped the company to boost its drilling fleet during the imposed cruel sanctions.

He further said that the company has mobilized its experts and skillful staff to play key roles in the projects of oil companies in the developmental projects in oil and gas fields.