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- Establishment of PEDCO Company as a General Contractor
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- Start of Development of Salman , Nosrat and Farzam Fields
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- Start of Extra Oil Production from Salman Field
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Start of Development of Foroozan and Esfandiar Fields
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Start of Development of Azadegan Field for Early Production and Development of Foroozan and Esfandiar Fields
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Start of Development of SPOL Field
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Drilling of First Appraisal Well in Hengam Field
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Start of Development of Jufeyr Field, Start of Construction of Infrastructure and Pipeline at Foroozan Field, Start of Construction of Sirri-Assaluyeh Pipeline
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Establishment of A Subsidiary for Drilling Services
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Commissioning of Salman Project
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Delivering of Salman Project
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Purchasing First Offshore Drilling Rig (DCI-1)
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Start of Drilling Operation by DCI-1 Rig at SP-Phase 20 Project
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Establishment of a Subsidiary Company for Engineering and Construction
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Purchasing Second Offshore Drilling Rig (DCI-2)
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Certifying PEDCO as an E&P Company by Petroleum Ministry
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Shipment of Oil for the First time from South Pars Oil Layer
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Start of Sirri EPDF Project