PEDEC
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West Karun Oil Fields: Balancing rising production with sustainable development
SHANA (Tehran) – The CEO of Petroleum Engineering and Development Company (PEDEC) outlined the company’s strategic plans for developing the West Karun joint oil fields, highlighting key achievements over recent months. These include completing processing infrastructure, adopting advanced drilling technologies, capturing associated gas, and adhering to environmental regulations.
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Gas transmission network reliability improved
SHANA (Tehran) – The CEO of the National Iranian Gas Company emphasized the key role of the Iranian Gas Transmission Company in ensuring network stability and successfully overcoming crises, stating that reliability and stability in the gas transmission network have improved due to the efforts of the Petroleum Engineering and Development Company (PEDEC) and the increase in operational units and stations.
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Advanced radial drilling technology deployed in Aban oil field
SHANA (Tehran) – The cutting-edge radial drilling technology has been implemented for the first time in Iran’s shared oil fields, specifically in a well at the Aban oil field, aiming to boost oil production and reduce water cut.
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Drilling of 10 wells in South Azadegan Field completed
SHANA (Tehran) – The deputy CEO of the National Iranian Drilling Company (NIDC) for drilling projects announced that, through collaboration between NIDC and the Petroleum Engineering and Development Company (PEDEC), the drilling of 10 wells in the South Azadegan oil field has been completed. Following flow testing, the project was fully handed over to the employer for operation.
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PEDEC: Development of joint oilfields continues strongly
SHANA (Tehran) – The CEO of Petroleum Engineering and Development Company (PEDEC) emphasized the strategic importance of border regions, such as West Karun, stating that the development of shared oilfields is progressing strongly with coordinated planning and a targeted approach.
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Do’s and don’ts of attracting investment in oil industry
SHANA (Tehran) – Former CEO of Petroleum Engineering and Development Company (PEDEC) believes to attract investors in the oil industry, we must diversify long-term contracts, increase their operational flexibility, and remove obstacles.
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South Azadegan crude oil processing unit to launch soon
SHANA (Tehran) – The CEO of the Petroleum Engineering and Development Company (PEDEC) announced that around-the-clock efforts by operational teams are underway to launch the first phase of the crude oil processing unit at the South Azadegan joint field. He stated that the unit will soon begin production.
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High-quality supplies essential for joint oilfield projects: PEDEC
SHANA (Tehran) – The procurement and logistics manager of the Petroleum Engineering and Development Company (PEDEC) emphasized the importance of securing high-quality supplies for strategic projects in shared oilfields as quickly as possible.
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Exploration, production firms urged to renewable energy development
SHANA (Tehran) - The CEO of the Petroleum Engineering and Development Company (PEDEC) emphasized the importance of Iranian exploration and production companies’ involvement in the development of renewable energy, stating that the Ministry of Oil is responsible for energy optimization in the country, so, renewable energy should be used for self-sufficiency in electricity.
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Sepehr and Jofeir Fields Oil Production rises to 51.000 b/d
SHANA (Tehran) - Oil production from the Sepehr and Jofeir oil fields has reached 51,000 barrels per day with the commissioning of well number 7 at the Jofeir field.
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PEDEC head: Sepehr, Jofeir official oil production to start in near future
SHANA (Tehran) – The Petroleum Engineering and Development Company (PEDEC) managing director said oil production at Sepehr and Jofeir fields in southwestern Iran could officially start during the Government Week (August 24-30).
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Completing West Karun Projects Requires $11b: CEO
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company said that $11 billion is needed to complete the West Karun projects.
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NIOC CEO Appoints PEDEC Chairman
TEHRAN (Shana) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojastehmehr appointed Abouzar Sharifi as a full member of the board of directors and CEO of the Petroleum Engineering and Development Company (PEDEC).
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Iran to Begin Crude Oil Delivery from Goreh to Jask Very Soon
TEHRAN (Shana) – The CEO of the Petroleum Engineering and Development Company (PEDEC) announced the start of sending 300,000 barrels per day of crude oil from Goreh to Jask in the coming days.
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Goreh-Jask Oil Pipeline Project 80% Complete: CEO
TEHRAN (Shana) – The CEO of the Petroleum Engineering and Development Company (PEDEC) said the Goreh-Jask national crude oil transfer project has for far progressed 80%.