Despite government policies for self-sufficiency, the North Drilling Company of Iran has scrapped a deal with domestic manufacturers in 2013 and has signed a contract with Chinese manufacturers to build 14 onshore and offshore drilling rigs worth $850 million. .
North Drilling Company (: حفاری شمال, Hefari-ye Shimal) is an company specialized in drilling oil and gas wells and its services in all regions of Iran and world, to global customers. The company was privatized in June. .
On April 23, 2014, North Drilling Company was listed by the European Union as an entity linked to .. .
1- Iran Leading Financial and Investment Company-Private Joint-Stock Company2- Armed Forces Pension Fund3- Sabbatamin. [pdf]
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