PEDEC

AcronymDefinition
PEDECPetroleum Engineering and Development Company (est. 1994; Iran)
PEDECPowys Environment and Development Education Centre (Powys, Wales, UK)
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References in periodicals archive ?
Yarahmadi said that the physical progress of the oil field has reached 78 percent, according to the official website of the PEDEC.
Construction of natural gas liquid (NGL) plant, strategic crude oil storage facilities, West Karoun Power Plant, West Karoun Gas and Liquefied Gas Plant, West Karoun Pumping Facility and national metering project are under way by PEDEC.
Seven wells will be drilled in the first phase and another 19 in the second, Pedec says.
Now, Nouraddin Shahnazizadeh, managing director of the Petroleum Engineering and Development Company (PEDEC) says that the production from the field has started from 6 wells.
Pedec had signed a seven-year, $80m BBC in May 2002 with a JV of Sheer Energy of Canada (41%) and Naftgaran, a unit of the semi-private NIOC affiliate Oil Industry Investment Co.
Abdolreza Haji Hosseinnejad, the managing director of Iran's Petroleum Engineering and Development Company (PEDEC) said that an increasing number of international oil companies have been showing interest in Iran recently.
NIOC discussed this field with Conoco, which helped Pedec analyse its seismic data, and ExxonMobil whose CEO visited Iran in late 2000 and early 2001.
TEHRAN -- Iran welcomes foreign investment in the development of its South Azadegan oilfield, the managing director of the Petroleum Engineering and Development Company (PEDEC) of Iran said.
Abdolreza Haji Hossain Nejad, managing-director of the Petroleum Engineering and Development Company (PEDEC), said last month the Chinese company has drilled only seven out of the promised 185 wells.
The contract was signed between the state-run Petroleum Engineering and Development Company (Pedec) and an Iran-Ukraine joint venture.
An Azeri, Khoee formerly was head of Pedec, a position he took in 1994.