Pasargad E&P
Pasargad E&P Co. is an independent oil and gas exploration and development company cleared as an Iranian E&P company by the Ministry of Petroleum to partner international oil companies interested in Iran's oil and gas sector under the Iranian Petroleum Contract (IPC) and NISOC model of contracts. It is also qualified to act as an independent operator. Based in Tehran, Pasargad E&P was formed and registered in 2016 with the objective of participating in the development of Iran's oil & gas sector in compliance with the highest safety and environmental standards. The Pasargad Exploration & Production Company, PEDPC, is owned by the Pasargad Energy Development Company, with Pasargad Bank, the leading Iranian private bank with a continuous high growth rate, a main shareholder.