Peco (Pezhvak Energy Engineering Services Co.)

PECO was established as one of the PEDC subsidiaries with the aim of providing logistics for offshore and onshore drilling operations in 2004. In 2017, the Company changed its mission to comply with the Iranian Oil industry's approach to award integrated projects. Over the years, we have proceeded as a contractor to execute integrated projects including engineering services, procurement, drilling operations and technical services (EPDS). Currently, PECO is delivering numerous highly efficient projects in exploration, development and production of oil and gas fields through our comprehensive knowledge, experience and highly competent human resources, taking into account the employee health and preserving the environment. PECO was established as a reliable and professional company in the Iranian drilling market within a short period of time since the start of its activities in the field and strive to expand its services beyond the borders. As the main upstream division of PEDC, over the years we have expanded our strategic cooperation with domestic and foreign companies in the following areas to successfully execute onshore and offshore oil and gas projects: - Providing integrated engineering, procurement, construction and drilling services in the exploration, development and production of oil and gas fields. - Financing upstream oil and gas projects. - Integrated drilling services/ integrated production services. - Onshore/offshore logistics services. - Application of new technologies.