Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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ADHK - China with Offshore Rig Construction, South Pars

description

Shanghai Zhenhua Heavy Industry (ZPMC) Spanish  ADHK have signed a deal worth $2.2 billion with Iranian Offshore Engineering and Construction Company to construct 10 jack-up drilling units, seven land rigs and two floating cranes.  ADHK is a leading marine energy exploration and development company.

Status

  • Current Status:
  • Discussion Date: Wed, 2009-07-29
  • Contract Date: Wed, 2009-07-29
  • Completion Date:

Citation

1. "Iran, China Sign Agreement on Drilling Rigs," Fars News Agency, July 29, 2009. Available at http://english.farsnews.com/newstext.php?nn=8805071324.

2. "Zhenhua bags $2.2bn rig bounty," Upstream Online, July 29, 2009. Available at http://www.upstreamonline.com/live/article183884.ece.

All projects by ADHK (Arborec Desarrollos Sociedad Anonima Hong Kong)