Russia's Krasnye Barrikady Shipyard made a deal with Iran's Tasdid Offshore Development Company worth $1 billion. MOSCOW (Sputnik) Russia's Krasnye Barrikady Shipyard made a deal withIran's Tasdid Offshore Development Company worth $1 billion tobuild offshore drilling rigs tobe used inthe oil and gas exploration project inthe Persian Gulf, media ...

Russian and Iranian ship-building companies have signed an agreement for construct oil rigs in the Persian Gulf, PressTV has reported. Under the agreement, the Russian Krasnye Barrikady (Red Barricades) shipyard will build rigs for exploration and production of oil and gas, according to Hamid Rezaian, Managing Director of Iranian shipbuilder ISOICO....