Iran has given China Oilfield Services Limited a deal for three years and said to be worth some $34 or $35 million to drill deep in the Caspian region. The Chinese company will be paid to drill in the 700-metre deep waters and will also train Iran’s North Drilling Company staff...
Read more on this deal at ITP.net......
China wins Iranian contract to drill in the Caspian region
AubreyJ says: Oh yeah... I can see now that China is going to be a lot of help in the upcoming UN mess with Iran......
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