4 new contracts signed for Speher, Jufair oilfields

Pezhvak Energy Engineering Services (PECO), a subsidiary of Pasargad Energy Development Company, on Saturday signed four contracts with Wellhead Equipment Technology Company (WETCO) to buy and install wellhead equipment for the projects at Sepehr and Jufair oilfields.
The contracts were inked by PECO’s CEO, Ali Khajavi, and the CEO of WETCO, Amir-Mahdi Javaher Dashti on the third day of the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition, also known as Iran Oil Show 2025.

The contracts, worth 4.5 million dollars, aim to supply critical wellhead equipment required for ongoing EPDS projects at Sepahr and Jufair oilfields.

They also underscore that both sides are determined to expand previous collaborations and leverage domestic resources to supply strategic equipment needed in oil industry and ensure high technical standards in drilling operations.