TEHRAN, May 6 (PEDCO) – PetroIran Development Company (PEDCO) is accelerating its position in Iran's oil and gas industry by modernizing its drilling fleet, utilizing digital technologies, and collaborating with domestic knowledge-based companies.
The company has made significant strides in development and productivity through its drilling fleet modernization programs and equipment upgrades.
Leveraging local expertise and partnerships with knowledge-based companies, PEDCO aims to enhance its standing in the oil and gas sector.
Digital Technologies and Domestic Capabilities
Ali Daghayeghi, PEDCO CEO, stated, "By utilizing the capacity of domestic knowledge-based companies and incorporating digital equipment, we will modernize our drilling fleet.
"
He further added, "Today, knowledge-based companies are producing equipment that meets the high standards of the oil industry and is competitive with foreign manufacturers.
"
New Contracts at International Oil Exhibition
Daghayeghi highlighted the company’s strategic planning for identifying needs and securing new contracts at the 29th International Oil, Gas, Refining, and Petrochemical Exhibition.
"PetroIran will actively participate in this exhibition and sign numerous contracts with oil equipment manufacturers," he noted.
Capability in Large-Scale Projects
Emphasizing PEDCO’s extensive experience in executing major oil and gas projects, Daghayeghi stressed, "With our skilled workforce and high technical expertise, we are one of the leading companies in Iran’s oil and gas industry.
By signing new contracts, we are paving the way to achieve even higher rankings.
"
PEDCO’s ongoing initiatives not only contribute to improving its performance but also represent a significant step toward enhancing Iran’s oil and gas self-sufficiency.