Iranian Offshore Engineering and Construction Company (IOEC) is the first Iranian

general contractor A general contractor, main contractor or prime contractor is responsible for the day-to-day oversight of a construction site, management of vendors and trades, and the communication of information to all involved parties throughout the course of ...

in the oil and gas industries. IOEC specializes in offshore EPC projects and is considered one of the regional pioneers in this area. The company was established in 1991 and operates mainly in the

Persian Gulf The Persian Gulf ( fa, خلیج فارس, translit=xalij-e fârs, lit=Gulf of Persis, Fars, ), sometimes called the ( ar, اَلْخَلِيْجُ ٱلْعَرَبِيُّ, Al-Khalīj al-ˁArabī), is a Mediterranean sea (oceanography), me ...

, with its head office in

Tehran Tehran (; fa, تهران ) is the largest city in Tehran Province and the capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the most popul ...

. It experienced a very fast growth in its life and achieved a record of $7 billion for its ongoing projects in 2010. IOEC designs, procures, constructs, installs and provides services for a complete range of offshore surface and partial subsurface

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...

for the

offshore oil and gas Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the te ...

industries. IOEC is one of the largest integrated offshore and sub-sea pipe-laying companies in the Middle East. Iran is going to be self-sufficient in drilling of offshore wells up to certain depths (2009). The company aims to extend its oil and gas activities in both onshore and offshore fields. In addition to mid-stream activities, IOEC intends to develop its up-stream operations. Development of the vessels and localizing the construction technology of drilling rigs include other objectives of this company. In 2016, IOEC stated that it will participate in projects in Europe and Africa.

References

External links

IOEC website
{{Energy in Iran Construction and civil engineering companies of Iran Oilfield services companies Petroleum industry in Iran Iranian entities subject to the U.S. Department of the Treasury sanctions

See also

References

External links