PEDCO At A Glance


As a subsidiary of National Iranian Oil Company, Petroiran Development Company is active in developing oil and gas fields. In light of NIOC's development of IPC as a new model of oil contracts, PEDCO was endorsed as an E&P company by the Iranian Ministry of Petroleum to operate exploration and production projects. PEDCO's perspective eyes finding best possible answers to future energy challenges.

Our Competitive Advantages :
Petroiran Development Company (PEDCO) has acquired the following competitive advantages owning to its relentless efforts and collective cooperation
  • Experience and lessons learnt from implementing eight national megaprojects in oil and gas industry
  • Human resources and infrastructure needed for operating mega projects
  • Acquiring key assets for operating oil and gas development projects
  • Running a network of subsidiaries in Iran and overseas in order to support the value chain of activities


Our Achievements :

Throughout its 22 years of activity, Petroiran Development Company (PEDCO) has managed to make the following achievements:
  • Operating 15 mega and medium projects in Iran's oil and gas industry, valued at more than $4.4 billion
  • Creating more than 56 million persons/hours direct and indirect jobs
  • Adding 150,00 b/d of oil to national output and supplying a total of 561 million barrels up to end of September 2018
  • Constructing and installing more than 64,300 tonnes of metallic offshore structures
  • Building more than 730 kilometers of subsea pipelines, including the Persian Gulf's longest offshore pipeline stretching from Siri to Assaluyeh (305 km long) and setting record of 2,300 m/d of subsea pipe-laying
  • Drilling and workover of more than 112 wells (more than 320 kilometers) in offshore and onshore oil and gas fields

 





Address : No. 20, Next To Shahid AmirSoheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street
Tel : +98-21-22914811 - 18
Fax : +98-21-22914798
Address : No. 20, Next To Shahid AmirSoheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street,
Tel : +98-21-22914811 - 18
Fax : +98-21-22914798
Address : No. 20, Next To Shahid AmirSoheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street,
Tel : +98-21-22914811 - 18
Fax : +98-21-22914798
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