PEDEX / OUR HISTORY

Company History

A journey of dedication, experience, and sustainable growth in Iran’s oil and gas drilling and exploration industry

Looking Back, Moving Forward

Over Four Decades of Experience, Commitment and Progress

Pars Energy Gostar Drilling and Exploration Company (PEDEX) was established in 1981 to supply machinery and execute civil engineering projects. In its early years, the company participated in infrastructure development and contracting projects across Iran.

As its operations expanded into the upstream oil and gas sector, the company entered a new phase of growth. Its involvement in gas field development, expansion of exploration services, and investment in an onshore drilling fleet helped establish PEDEX as a specialized drilling company in Iran.

Today, PEDEX continues to strengthen its technical capabilities and contribute to energy projects across the country, drawing on its skilled workforce, operational experience, and commitment to safety and quality.

PEDEX drilling rig
45 Years of Experience and Operations
Our Growth and Development

Milestones in PEDEX History

A look at the key stages of the company’s establishment, transformation, and growth

The beginning of the company’s civil engineering activities in 1981 1981
The Journey Begins

Company Establishment and Early Operations

Established in 1981, the company initially focused on supplying construction and civil engineering machinery and later became involved in road construction, infrastructure, and contracting projects across Iran.

PEDEX enters gas field development projects 1999
A Strategic Transformation

Entry into Oil and Gas Projects

The company entered the upstream oil and gas sector and contributed to the development of the Shanol, Varavi, and Tabnak gas fields, marking a new stage in the expansion of its specialized capabilities.

Expansion of exploration operations and specialized studies 2004
Expanding Services

Entry into Exploration and Seismic Projects

Expanding its expertise in exploration, seismic surveying, and geophysical studies, the company initiated its first study and exploration project in the Central Iran sedimentary basin. Activities during this period also included projects at the Ramshir field and 3D seismic surveys in Dehloran.

Expansion of the PEDEX onshore drilling fleet 2005
Expanding Operational Infrastructure

Acquisition of Five Onshore Drilling Rigs

The acquisition of five onshore drilling rigs marked a major new chapter in the company’s drilling operations. This investment laid the foundation for expanding its participation in oil and gas drilling projects across Iran.

Simultaneous operations of the PEDEX drilling fleet 2014
An Operational Milestone

Entry into EPDS Projects

Building on its technical capabilities and operational experience, Pars Energy Drilling and Exploration Company won a contract in 2014 to drill and complete 20 wells in the South Azadegan Oil Field for the Petroleum Engineering and Development Company (PEDEC). This achievement marked a major milestone in the company’s growing involvement in specialized upstream oil projects.

45th anniversary of the establishment of PEDEX 2026
Continuing the Journey of Progress

Unveiling the New PEDEX Brand Identity

At the ceremony marking the company’s 45th anniversary on June 14, 2026, PEDEX unveiled its new logo, slogan, and visual identity. The company’s name was also changed from “Pars Energy Gostar Drilling and Exploration” to “Pars Energy Drilling and Exploration,” reinforcing its corporate identity and brand position in Iran’s oil and gas industry.

PEDEX / MOVING FORWARD

Rooted in Experience, Focused on the Future

The history of PEDEX reflects a sustained commitment to developing domestic capabilities and contributing to the advancement of Iran’s energy industry. This journey continues, supported by its people, specialized expertise, and growth-oriented approach.

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