PEDCO
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First downhole pump comes online at South Azadegan oil field
SHANA (Tehran) – The first electric submersible pump (ESP) at the South Azadegan oil field has been successfully installed and commissioned at well No. 93, drawing on the expertise of domestic specialists. Officials expect that completing the installation of 50 ESPs by June 2026 will add about 35,000 barrels per day to the field’s production capacity.
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PEDCO prioritizes tech in oil, gas projects
SHANA (Tehran) – The CEO of Petroiran Development Company (PEDCO) announced the implementation of offshore and onshore projects, stating that expanding the drilling fleet, leveraging technology-based capabilities, and integrating expert graduates into the organizational structure are key priorities for the company.