With its upstream oil & gas sector, PEDC has successfully established itself a prominent position in the market by providing necessary entities and assets to execute projects at all sizes and scopes. Due to its outstanding growth and successful records in the implementation of offshore and onshore drilling and services projects for National Iranian Oil Co. subsidiaries including POGC, IOOC, IOEC and NISOC as well as obtaining required quality certificates, standards and clients’ satisfaction in terms of quality, timely operation and HSE performance; PEDC now stands among top oil and gas contractors of choice for NIOC and its affiliated companies. Having been awarded the contract for development of Speher&Jofeir oil fields in late March 2018, PEDC is now exploring wider opportunities and challenges in the oil and gas fields’ development via putting together a strong team of seasoned experts. This has won Pasargad E&P the title of first Iranian E&P operator.
PEDC’s upstream segment strategy is to:
“Create value in the sector through synergizing, elevating and integrating the capacities and capabilities built in the subsidiary companies”