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Visit to Iran – JV agreed with Petro Makhzan Kav Company

Craig Lindsay visited Tehran and other cities during October 2015, presenting to the National Iranian Oil Company and other private companies. We are pleased to announce that we have agreed a joint venture (JV) with Petro Makhzan Kav Company, part of the Asmary Holdings group of companies (an Iranian private company including six affiliates  providing a range of services including laboratory analysis, well logging - open hole & cased hole- services, ESP & SRP pumps, constructing and repairing drilling bits). With the expected imminent lifting of economic sanctions we look forward to providing a range of consultancy and supply services to Iranian operators via our JV with PMK Labs.

During my visit to Iran I was treated like a VIP by my hosts, PMK Labs and by the operator representatives. The people I met were so incredibly friendly, respectful, well mannered and outstandingly generous. Social highlights from Tehran included a visit to the incredible Tabiat Bridge, the Tehran Bazaar and traditional dining. Iran is going to be a great place to do business in the near future once the economic sanctions have been lifted.



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