Petroleum Engineering & Development Company

A subsidiary of the National Iranian Oil Company (NIOC) involved in oil exploration and production

Status:Medium Alert – Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.

Risk Level:unknown %

Info:
A subsidiary of the National Iranian Oil Company (NIOC) involved in oil exploration and production;

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;

Also Known As:
Petroleum Engineering and Development Company
Petroleum Engineering and Development Co.
PEDEC

Involved In:
Military Weapon Program

Country:
Iran

Address:
No. 61 Shahid Kalantari St.Sepahbod Qarani Ave. Tehran Iran

Phone:
(+98) 2188898650-60

Website:
www.pedec.ir/en

E-mail:
info@pedec.ir

Person of Interests:
Touraj Dehghani (CEO)

Reason for the color:
» Sanctioned by the European Union in October 2012;
» Removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action;