{
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    "id": "hg:company:north-drilling-company",
    "identifier": "hg:company:north-drilling-company",
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    "generated_at": "2026-07-04T02:51:17+00:00",
    "name": "North Drilling Company",
    "slug": "north-drilling-company",
    "status": "publish",
    "url": "https://hormuz.group/companies/north-drilling-company/",
    "json_url": "https://hormuz.group/wp-content/uploads/hormuz-data/cpt/company/north-drilling-company.json",
    "rest_url": "https://hormuz.group/wp-json/hormuz-data/v1/cpt/company/north-drilling-company",
    "summary": "",
    "machine_summary": "North Drilling Company North Drilling Company is a listed Iranian oilfield-services company focused on drilling operations and related upstream services. In the Hormuz Group company graph, it matters because it connects capital-market disclosure, drilling capacity, offshore and onshore field development, upstream service contracts, imported drilling equipment, and procurement exposure in Iran's oil and gas sector. Its listed status makes it useful for monitoring the financial pressure and operating performance of Iran's oilfield-service contractors. North Drilling is relevant for investors assessing listed exposure to Iran's upstream oilfield-services market, drilling-rig utilization, contract risk, equipment import dependence, receivables from state-linked energy clients, and sanctions-sensitive procurement. It can support analysis of how field-development activity translates into revenue for service contractors. Due diligence should review updated Codal disclosures, TSE trading status, rig fleet condition, offshore and onshore contract mix, customer concentration, debt, FX exposure, equipment maintenance, ownership links, sanctions-screening status, insurance constraints, and dispute or payment history with oil-sector counterparties. North Drilling Company provides onshore and offshore drilling services, rig operation, drilling project management, well services, technical support, offshore platform-related drilling activity, Caspian and Persian Gulf drilling operations, land-rig services, workover activity, and oilfield engineering services for upstream oil and gas clients in Iran. province: Tehran industry: Business Services, Energy, Engineering, Oil & Gas market: Enterprise Demand, Materials, Public Projects, Supply Chains challenges: Compliance, Contract Risk, Procurement Risk, Sanctions company_type: Engineering Company, Public Company, Service Provider city: Tehran",
    "published_at": "2026-06-28T20:35:46+00:00",
    "modified_at": "2026-06-28T20:35:46+00:00",
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                "name": "Engineering Company",
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        "city": [
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        "industry": "Business Services, Energy, Engineering, Oil & Gas",
        "market": "Enterprise Demand, Materials, Public Projects, Supply Chains",
        "challenges": "Compliance, Contract Risk, Procurement Risk, Sanctions",
        "company_type": "Engineering Company, Public Company, Service Provider",
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    "fields_summary": {
        "legal_name": "North Drilling Company Public Joint Stock Company",
        "website": "https://www.ndco.ir",
        "city": "Tehran, Tehran Province, Iran",
        "ticker_symbol": "حفاری",
        "listing_status": "listed_tse",
        "products_services": "North Drilling Company provides onshore and offshore drilling services, rig operation, drilling project management, well services, technical support, offshore platform-related drilling activity, Caspian and Persian Gulf drilling operations, land-rig services, workover activity, and oilfield engineering services for upstream oil and gas clients in Iran.",
        "export_relevance": "medium",
        "short_profile": "North Drilling Company is a listed Iranian oilfield-services company focused on drilling operations and related upstream services. In the Hormuz Group company graph, it matters because it connects capital-market disclosure, drilling capacity, offshore and onshore field development, upstream service contracts, imported drilling equipment, and procurement exposure in Iran's oil and gas sector. Its listed status makes it useful for monitoring the financial pressure and operating performance of Iran's oilfield-service contractors.",
        "investment_relevance": "North Drilling is relevant for investors assessing listed exposure to Iran's upstream oilfield-services market, drilling-rig utilization, contract risk, equipment import dependence, receivables from state-linked energy clients, and sanctions-sensitive procurement. It can support analysis of how field-development activity translates into revenue for service contractors. Due diligence should review updated Codal disclosures, TSE trading status, rig fleet condition, offshore and onshore contract mix, customer concentration, debt, FX exposure, equipment maintenance, ownership links, sanctions-screening status, insurance constraints, and dispute or payment history with oil-sector counterparties."
    },
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        "last_updated": "29/06/2026",
        "website": "https://www.ndco.ir",
        "products_services": "North Drilling Company provides onshore and offshore drilling services, rig operation, drilling project management, well services, technical support, offshore platform-related drilling activity, Caspian and Persian Gulf drilling operations, land-rig services, workover activity, and oilfield engineering services for upstream oil and gas clients in Iran.",
        "short_profile": "North Drilling Company is a listed Iranian oilfield-services company focused on drilling operations and related upstream services. In the Hormuz Group company graph, it matters because it connects capital-market disclosure, drilling capacity, offshore and onshore field development, upstream service contracts, imported drilling equipment, and procurement exposure in Iran's oil and gas sector. Its listed status makes it useful for monitoring the financial pressure and operating performance of Iran's oilfield-service contractors.",
        "investment_relevance": "North Drilling is relevant for investors assessing listed exposure to Iran's upstream oilfield-services market, drilling-rig utilization, contract risk, equipment import dependence, receivables from state-linked energy clients, and sanctions-sensitive procurement. It can support analysis of how field-development activity translates into revenue for service contractors. Due diligence should review updated Codal disclosures, TSE trading status, rig fleet condition, offshore and onshore contract mix, customer concentration, debt, FX exposure, equipment maintenance, ownership links, sanctions-screening status, insurance constraints, and dispute or payment history with oil-sector counterparties.",
        "source_note": "Based on public company, official-company, oilfield-service, drilling, TSE/Codal disclosure, sanctions-screening, and market-related information. Further verification is required before treating this profile as verified investment intelligence."
    },
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    "sources": [
        {
            "type": "note",
            "value": "Based on public company, official-company, oilfield-service, drilling, TSE/Codal disclosure, sanctions-screening, and market-related information. Further verification is required before treating this profile as verified investment intelligence."
        }
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}