CEO Details Major Performance of NIDC in Past Year

IRAN NEWS ECONOMIC DESK

TEHRAN – Head of Board of Directors and CEO of National Iranian Drilling Company (NIDC) on Monday and during his meeting with the company’s managers highlighted major performance and achievements of the company in the last Iranian calendar year which ended on March 19.

Eng. Seyed Abdollah Mousavi said despite two major disaster and incident of flood and the outbreak of Coronavirus in the country last year, the company did not lag behind in fulfilling its own innate duties while doing their social responsibilities.

He added that NIDC usually acts in alignment with the Oil Industry programs but the company experienced new and different responsibilities last year which totally differed with previous ones.

Mousavi added that in the early days of last year, heavy rains caused floods in the country and in wake of it, NIDC became as one of the main members of the Disaster Management Headquarters of Khouzestan Province and rushed to the help and rescue of the flood-hit regions and people in the province.

He added that floods created problems for the company in its drilling operations and after floods were contained, all rigs near the rivers once again were returned to the network because of endeavors of NIDC staff.

Mousavi reiterated floods could not stop the company pursuing its other activities and it continued its programs in logistics, drilling and HSE fields as the schedule.

On drilling wells, he said endeavors of personnel in the company led to drilling and completing of 114 wells which were carried out successfully and they came on stream.

He added that out of 116 wells, three were exploratory, 39 were developmental-descriptive and 72 maintenance wells, stating that 81 wells were drilled for National Iranian South Oil Company, 16 for Iranian Offshore Oil Company, four for Iranian Central Oil Fields Company, three for Petroleum Engineering and Development Company, seven wells in form of a project and three wells NIOC Exploration Directorate.

Mousavi reiterated that the company drilled 163981 meters of well last year, adding that some 22,808 meters were drilled in the turnkey projects and carried out 24,404 meters more horizontal and directional drilling.

He noted that 28 drilling machines for drilling the aforementioned wells as well as two rigs for maintenance wells were used.

He also pointed to the integrated technical and engineering services and cooperation with the knowledge-based companies as the major achievements and performance of the company last year.

Mousavi said the company has cooperated with 200 domestic part-manufacturing companies and held some specialized and training courses for its staff.