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Good Story

Good Story

Two decades have elapsed since inception of Petropars. However, it has an interesting fate: a fate which can open the path for Iranian companies which are active in exploration and development operations in Iran’s oil and gas sector and which intend to move towards self-sufficiency. The point of time when the newly fledgling Petropars became operational, it needed to compete with its international rivals to win the opportunity to engage in development of South Pars Gas Field, as the world’s largest gas field, in the Persian Gulf. Petropars continued to grow into a large and reliable company. Phase 1 of South Pars Gas Field Development Project was the first project ever undertaken by Petropars in 1376: a time when the Company was young and in the process of growth. In this path, Petropars managed to take the initial steps to successfully manage mega-projects. Phases 4, 5, 6 and 7-8 contributed to enhancement and promotion of domestic technical know-how and local capability required for development of other mega projects. Given the international sanctions imposed against Iran, Petropars utilized its full capabilities and experiences for development of Phase 12 to prove that Petropars is competent enough to manage development of the largest project in the history of Iran’s oil and gas industry: a clear token that Petropars had fully grown into a reliable company.

Phase 19 was a priceless opportunity for Petropars to exhibit their competences and capabilities, without relying on the assistance from a single foreign company, and solely cooperating with Iranian companies to complete Phase 19 to substantiate that will power can pave the way for accomplishment. Now, Petropars has already turned into a competent and capable and prestigious company in Iran’s oil and gas industry. Petropars has turned into a company which has proved in practice that there is no project that can fail Petropars. Relying on this quality of Petropars, the study phase and development of the most-challenging gas field of Iran (FARZAD Gas Field) was ceded to Petropars. Nowadays, Petropars is the BEST Iranian exploration and production company and feel proud that they have no incomplete project and that all projects assigned to them have been completed with the highest quality possible in a time-effective and cost-effective manner. A good proof came from the Petroleum Minister who once stated, “Petropars is the best Iranian E&P Company as in all contracts to which Petropars was a party, Petropars has managed to carefully observe and stay very close to its commitments and undertakings both time-wise and cost-wise. Petropars was successful in true sense of the word and in fact Petropars is a real knowledge-based company.” Further, in connection with one of the projects completed by Petropars, the Revered Leader of Islamic Revolution stated, “Phase 12 of South Pars Gas Field is a huge and extremely complicated industrial project which can definitely contribute to Iran’s economic growth. This project was accomplished by our young generation and innovative workforce.” Completion of 23 billion Dollar-worth of different projects, and utilization of an extensive network of partners, employers, contractors, suppliers, specialist and experienced workforce for the implementation of challenging projects, have turned Petropars into an exemplary, prestigious and expert company in Iran, in the region and at the international level.

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Established in 1998, Petropars Ltd. (PPL) was founded in order to contribute towards the development of Iran’s vast energy resources PPL specializes as a developer of exploration exploitation and production in upstream projects... Read more