North Drilling Company (Persian: حفاری شمال, Hefari-ye Shimal) is an Iranian 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 2009. As of February 2010, Mehr Eghtesad, a quasi-government investment company, owned 20% of its shares on the Tehran Stock Exchange. The company owned nine land rigs and three jackup rigs during these years and is managing drilling operation in Persian Gulf, Caspian sea, and Kuzestan, Ilam, Khorasan, Bushehr and Fars provinces of Iran. More information...
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