Company type | Subsidiary of Naftiran Intertrade (part of NIOC) |
---|---|
Industry | Oil and gas |
Founded | 1997 |
Headquarters | , |
Key people | Mansour Mehrshad(CEO) |
Parent | Naftiran Intertrade |
Website | www |
Petroiran Development Company Limited (Petroiran; PEDCO) is an oil and gas company based in Tehran, Iran. It is a subsidiary of Naftiran Intertrade, a part of the National Iranian Oil Company, responsible for developing upstream oil projects. The company was established in 1997 and in 1999 it was registered in St. Helier, Jersey. [1] [2]
In 2003 it was announced that Petroiran will merge with Petropars, another subsidiary of Naftiran Intertrade. [3] The merger did not take a place. In 2007, the company was designated for privatization. [4] [5] On 14 December 2008, it was sold to Dana Energy. [6] However, the deal was not finalized. [7]
The company develops the South Pars, Azadegan, Foroozan, Salman, Nosrat, Farzam and Arash fields. [8] [9] Belpars, a joint company of Petroiran and Belarusneft, a subsidiary of Belneftekhim, is developing the Jofeir oil field. [10] [11]
In 2006, the company had a legal dispute with Romanian Grup Servicii Petroliere over the ownership of jack-up drilling rigs GSP Orizont and GSP Fortuna . [12] [13] [14] [15]
The National Iranian Oil Company is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1948 and restructured under The Consortium Agreement of 1954. NIOC ranks as the world's second largest oil company, after Saudi Arabia's state-owned Aramco.
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean and operated by BP. On 20 April 2010, while drilling at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. The fire was inextinguishable and, two days later, on 22 April, the Horizon sank, leaving the well gushing at the seabed and causing the largest marine oil spill in history.
This page summarizes projects that brought more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market with the first production of fuel beginning in 2008. This is part of the Wikipedia summary of Oil Megaprojects.
This page summarizes projects that propose to bring more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market, with the first production of fuel beginning in 2013. This is part of the Wikipedia summary of oil megaprojects.
The Pearl GTL is a gas to liquids (GTL) plant based in Ras Laffan, Qatar. It converts natural gas into liquid petroleum products. It is the largest GTL plant in the world. The first commercial shipment from the Pearl GTL was made on 13 June 2011. Pearl GTL received the 2021 "Asset of the Year" award by Shell.
Grup Servicii Petroliere is a Romanian company providing offshore integrated services for oil and gas industry. The company, established in 2004, is a member of UPETROM Group.
The Vankor Field is an oil and gas field in Russia, located 130 kilometres (81 mi) west of Igarka in the Turukhansk District of Krasnoyarsk Krai in Eastern Siberia, close to the border with Yamalo-Nenets Autonomous Okrug. Its estimated reserves are 520 million metric tons of oil and 95 billion cubic meters of natural gas. Production was launched in August, 2009. The field is operated by Russian national oil company Rosneft through its subsidiary Vankorneft.
On April 20, 2010, an explosion and fire occurred on the Deepwater Horizon semi-submersible mobile offshore drilling unit, which was owned and operated by Transocean and drilling for BP in the Macondo Prospect oil field about 40 miles (64 km) southeast off the Louisiana coast. The explosion and subsequent fire resulted in the sinking of the Deepwater Horizon and the deaths of 11 workers; 17 others were injured. The same blowout that caused the explosion also caused an oil well fire and a massive offshore oil spill in the Gulf of Mexico, considered the largest accidental marine oil spill in the world, and the largest environmental disaster in United States history.
The Aban Pearl was a twin-hull, column-stabilized, semi-submersible offshore drilling rig owned and operated by Aban Offshore drilling company. It is registered in Singapore. In 2009, the Aban Pearl became the first offshore gas rig operated by the Venezuela's state-owned oil company PDVSA. In May 2010, the rig sank into the sea though all workers aboard at the time were saved.
On May 30, 2010 a 6-month moratorium on all deepwater offshore drilling on the Outer Continental Shelf was declared by U.S. Secretary of the Interior Ken Salazar. The limitation was in response to the Deepwater Horizon oil spill which occurred in the Gulf of Mexico.
Sigguk Block is an oil exploration block in Baffin Bay. It is located 175 kilometres (109 mi) west of Disko Island, Greenland. The block consists of Alpha, T4, and T8 prospects. The license to explore the block belongs to Cairn Energy's subsidiary Capricorn Greenland Exploration Limited. In October 2009 Cairn Energy sold a 20% stake of its rights to Petronas. The national oil company of Greenland NUNAOIL owns 12.5% interest. The license expired on 31 December 2017.
GSP Orizont is a semi-submersible, jackup independent leg cantilever drilling rig operated by GSP Drilling, a Grup Servicii Petroliere subsidiary, and currently contracted by Iranian Offshore Engineering and Construction Company for drilling in the Iranian section of the Persian Gulf. The drilling unit is registered in Malta.
GSP Prometeu is a jackup independent leg cantilever drilling rig operated by GSP Drilling, a Grup Servicii Petroliere subsidiary, and currently contracted by Melrose Resources for drilling in the Bulgarian section of the Black Sea. The drilling unit is registered in Malta.
Scarabeo 9 is a Frigstad D90-type ultra deepwater 6th generation semi-submersible drilling rig. It is owned and operated by Saipem. It was named by Anna Tatka, the wife of Pietro Franco Tali, CEO of Saipem. The vessel is registered in Nassau, Bahamas.
Naftiran Intertrade Company S.à r.l. (NICO) is a Swiss-based subsidiary of the National Iranian Oil Company (NIOC). NICO is a general contractor for the oil and gas industry. NIOC buys the vast majority of Iran's gasoline imports. NICO is a key player in Iran's energy sector.
Scarabeo 8 is an ultra deepwater 6th generation semi-submersible drilling rig. It is owned and operated by Saipem. The vessel is registered in Nassau, Bahamas.
Dana Energy is a private oil and gas company headquartered in Tehran, Iran. It is an exploration and production (E&P) and oilfield services company operating in Middle East and Asia. Formed in 2000, they were initially an oilfield services company and ventured into field development in 2008. By the addition of petroleum products trading to its portfolio in 2013, Dana Energy extended their business into the midstream sector, however due to sanctions imposed on Iran, their trading division came to a halt.
Gulf Drilling International Limited (GDI) is a Qatari Shareholding Company based in West Bay, Doha.
Appaloosa is an offshore oil field located in the Mississippi Canyon blocks 459, 460, 503, and 504 of the United States sector of the Gulf of Mexico. It is a part of the Greater Longhorn area. The field is developed by the Italian energy company Eni.
The Missing Iranian oil rig or Fortuna rig, is a corruption scandal in which an oil rig, the GSP Fortuna, was bought by the Iranian government for US$88 million, but was never delivered. The case attracted major attention in Iran and abroad.