Petroleum Engineering and Development Company (PEDEC)(شرکت مهندسی و توسعه نفت)

Petroleum Engineering and Development Company (PEDEC) was established in 1994 aiming at supervising the engineering and development of projects by planning, engineering, constructing, and implementing giant oil and gas projects at National Iranian Oil Company (NIOC). PEDEC, as the development arm of NIOC, studies and operates development projects to explore, extract, and produce crude oil, natural gas, and other solid and liquid hydrocarbors (save for coal) to meet NIOC’s requirements, improve upstream technology, and make the most of local sources in implementation of projects. Presently, PEDEC enjoys about 500 well-experienced technicians and capable managers. To implement a large number of onshore and offshore projects, PEDEC is working with many engineering and contracting companies both within and outside the country’s borders. The company, thereby, provides a platform for the transfer of technology in oil and gas related projects and ushers in an era of technology self-sufficiency in Iran. Vision To become a fully-nurtured, self-sufficient, and self-contained oil and gas technology company within NIOC Mission To carry out development projects in line with the Islamic Republic of Iran’s values, the Company shall ensure the followings: Riskless and safe implementation of projects Following national requirements On time implementation of projects Implementation of projects within allocated budget Maintaining the quality and ecological balances in projects’ implementation using appropriate methods Close examination of project implementation to prevent depletion and preserve natural resources for posterity Choosing the best method to meet logical requirements, projects’ implementation Adopting appropriate approaches to implement projects following national and international standards Values Passion for excellence Quality cultivation as a way of life and high standards of work culture Innov