Russia Wins $1 Billion Iran Rigs Deal
MOSCOW May 23 (Reuters) - Russian shipbuilder Krasnye Barrikady has been awarded a near-$1 billion contract by Iran to build five offshore drilling rigs for use on Iran's part of the Persian Gulf shelf, a company official told Reuters.
The project, which was under discussion for almost two years, will be financed jointly by Russia and Iran, the official said. Iran will soon make a 15% advance payment on the $200 million price of the first rig, he said.
The project, which was under discussion for almost two years, will be financed jointly by Russia and Iran, the official said. Iran will soon make a 15% advance payment on the $200 million price of the first rig, he said.