TEHRAN, May 04 (Shana) –- Iran Drilling Services Company saved IRR 70 billion in its operations during the previous Iranian calendar year which ended on March 20.

Managing Director Abdolmahdi Mojtahedi said the company could save the amount in line with the requirements of the economy of resistance.

The saving was made possible by redesigning and restructuring operation systems, updating machinery and revising certain procedures in the company's projects, he said.

Furthermore, the company could save the amount by reducing costs of purchased items, human resources, and other expenditures during the year.

Iran Drilling Services Company is a subsidiary of National Iranian South Oil Company (NISOC) and offers drilling and well services.

By SHANA