Iran Says Exploration of Block 6 in the Caspian Sea a Priority

Executive director of Khazar Exploration and Production Company Mohammad Hossein Dana said that exploration of Block 6 in the Iranian waters of the Caspian Sea was a priority.

"The timely delivery of the Alborz rig and the supporting vessels may accelerate the project," he said, commenting that completion of the plan would be a stepping stone to solve the problems of Caspian Sea's legal regime.

SADRA Company was expected to deliver the platform to North Drilling Company last February, but delivery has been delayed. A member of SADRA's board of directors stated that Alborz is still undergoing final outfitting in Caspian Sea and the two tugboats needed for the operation are still under construction. "Nevertheless, the delivery is anticipated to take place in summer," the board member responded.