Iran’s Petroleum Engineering Development Company (PEDEC)


  • oil-field 2019-07-08 22:20

    PEDEC to develop 3 oilfields under IPC-based deals

    TEHRAN – Head of Iran’s Petroleum Engineering and Development Company (PEDEC) said the company will start developing two Iranian oil fields under the country’s new model of oil contracts (known as IPC) soon and another field is also expected to be awarded to PEDEC in near future, IRNA reported on Monday.

  • West Karoun 2019-03-13 21:28

    West Karoun oil fields’ output at 350,000 bpd

    TEHRAN- Production of oil from West Karoun oilfields has reached 350,000 barrels per day (bpd) in the current Iranian calendar year (ends on March 20), the managing director of Iran’s Petroleum Engineering and Development Company (PEDEC) told IRIB in an interview.

  • Kish gas field 2017-11-20 09:20

    By Mahnaz Abdi

    Kish gas field still waiting for development

    Kish gas field, discovered in 2006, is the second largest gas field in the Persian Gulf and also Iran’s largest reserve of natural gas after South Pars field shared by Qatar. 

  • PEDEC 2017-07-10 18:31

    By Mahnaz Abdi

    27% rise in West Karoun output planned

    TEHRAN- Oil production from West Karoun oilfields in southwest Iran is planned to reach 368,000 barrels per day (bpd) by the end of the current Iranian calendar year (March 20, 2018), a 27 percent rise compared to its current annual output.

  • Iran-Shell 2017-03-06 09:00

    Iran may skip tender for Kish gas field, go to negotiation with Shell

    TEHRAN – An Iranian oil official has announced that since Royal Dutch Shell is the only foreign bidder for the development project of Kish gas field (in the Persian Gulf), Iran may skip the tender and directly enter negotiation with the Anglo-Dutch company.