Russian shipyard wants to construct offshore platforms for Iran “for decades”
Cooperation is abundant. Russian shipyard Red Barricades is in talks with Iranian companies on joint construction of offshore platforms to drill for oil in the Persian Gulf, the shipyard’s director Alexander Ilyichev said. Speaking on the sidelines of a Russian-Iranian industrial exhibition, Ilyichev said the parties will sign a memorandum of understanding and after that discuss options to finance the project.

“The volumes are very big, the Iranians name number in...

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