Petroiran Development Company

Registered as a subsidiary company to National Iranian Oil Company (NIOC) is certified as an Exploration and Production company by Petroleum Ministry. PEDCO is currently active mainly  in offshore oil and gas field development projects in the Persian Gulf as well as onshore oil and gas field projects.

1997
Establishment of PEDCO Company as a General Contractor
2000
Start of Development of Salman , Nosrat and Farzam Fields
2001
Start of Extra Oil Production from Salman Field
2002
Start of Development of Foroozan and Esfandiar Fields
2003
Start of Development of Azadegan Field for Early Production and Development of Foroozan and Esfandiar Fields
2004
Start of Development of SPOL Field
2005
Drilling of First Appraisal Well in Hengam Field
2008
Start of Development of Jufeyr Field, Start of Construction of Infrastructure and Pipeline at Foroozan Field, Start of Construction of Sirri-Assaluyeh Pipeline
2009
Establishment of A  Subsidiary for Drilling Services
2010
Commissioning of Salman Project
2011
Delivering of Salman Project
2012
Purchasing First Offshore Drilling Rig (DCI-1)
2013
Start of Drilling Operation by DCI-1 Rig at SP-Phase 20 Project
2014
Establishment of a Subsidiary Company for Engineering and Construction
2015
Purchasing Second Offshore Drilling Rig (DCI-2)
2016
Certifying PEDCO as an E&P Company by Petroleum Ministry
2017
Shipment of Oil for the First time from South Pars Oil Layer
2018
Start of Sirri EPDF Project
4.4
Billion USD
Billion USD

Projects Total Cost

Total Cost of all the Current and Completed Projects


150500
BPD
BPD
Daily Extra Oil Production
Daily Oil Production Improvement of Onshore and Offshore Fields
553
Million
Million
Oil Production Summary
Oil Production Summary from Salman Field
56
Million
Million
Man-Hours
Creating Direct and Indirect Job Opportunities
64300
Ton
Ton

Steel Construction

The Tonnage of Construction and Installation of Steel Construction


730
KM
KM

Pipeline

Length of Offshore Pipeline Execution

323851
Meter
Meter
Drilling & Work Over
Length of Drilled & Worked Over  Offshore and Onshore Oil and Gas  Wells
112
Wells
Wells

 Drilling &  Work Over

Number of Drilled and Worked Over

Offshore and Onshore Oil and as Wells


15

Projects

Number of Current and Completed

Projects


Projects
Integrated Appraisal and Development Operations of Azadegan Field (Azadegan Oil Field Development). Azadegan field is situated in 100 km from large po...
Jufeyr oil field is located in Khuzestan province about 50 kilometers east of Ahwaz. Contract of Jufeyr oil field development project was signed on S...
Integrated Development Operation Enhancement of Common Fields in Foroozan & Esfandiar Areas . Foroozan and Esfandiar fields are located in the Persi...
Salman complex oil and gas field contract was awarded to Petroiran for developing operation and production enhancement. Salman offshore project is...
The Foroozan Field is located in the Persian Gulf Approx 100 Km southwest of Kharg Island . The field is on The Iran-Saudi Arabian water borders w...
At the present a subsidiary company of Petroiran ,on behalf of Petroiran company has entered into contract with Iranian Offshore Oil Company (IOOC)...
The South Pars Oil Field is located in the center of Persian Gulf, about 105 km from Iranian coast, and adjacent to the international boundary with ...
clients
Our Business
PEDCO as a certified company is active in Exploration , Development , Production and marketing in oil and gas industry. In order to complete its full business chain, PEDCO has set up specialized and independent business units to provide Drilling, Engineering and Construction, Commercial and Logistics Services.

We are Committed to be the Best

Exploration & Production
E&P
Key Assets
At PEDCO , value is created through execution of national projects relying on human resources , ICT Business-aligned solutions and integrated management system  as well as updated physical assets of the company. Therefore, development of key assets has been a main strategy pursued by PEDCO.
Events
PEDCO Latest news and events
Iran has produced over 4.5 million barrels of crude from the oil layer of South Pars, the world s largest gas field in the Persian Gulf, since production began nearly eight months ago, the