Corporate Policy

Management and Organizational Approach

Commitment to Quality, Safety and Sustainable Development

The policy of Pars Energy Drilling and Exploration Company (PEDEX) is founded on delivering specialized, safe, and reliable services to the upstream oil and gas industry while creating sustainable value for clients and other stakeholders.

Drawing on the knowledge and experience of its specialists, developing organizational capabilities, and applying quality, health, safety, and environmental management principles, PEDEX works to improve operational performance and meet the expectations of clients and stakeholders.

Compliance with applicable laws and regulations, identification and control of operational hazards, prevention of incidents and environmental pollution, and continuous process improvement are central to the company’s management approach to oil and gas projects.

Commitment to Responsible Performance

PEDEX Drilling Operations and Specialized Equipment

PEDEX Commitment to Responsible Performance

Core Principles and Commitments

Key Pillars of Corporate Policy

Commitments that guide the organization’s planning, decision-making, and operational activities.

Service Quality and Excellence

Continuously improving drilling and exploration service quality, enhancing operational and support processes, and meeting clients’ requirements and expectations through applicable standards.

Health, Safety and Environment (HSE)

Identifying and controlling occupational hazards, preventing work-related incidents and injuries, protecting employee health, and minimizing the environmental impact of operations.

Human Capital Development

Enhancing employees’ knowledge, skills, and competencies through training, fostering a culture of participation, and strengthening individual and organizational accountability.

Regulatory Compliance

Identifying and complying with laws, regulations, standards, contractual obligations, and other requirements relevant to quality, safety, occupational health, and the environment.

Client Satisfaction

Understanding clients’ needs and expectations, honoring contractual commitments, and improving service quality to enhance satisfaction and build lasting partnerships.

Continuous Improvement and Efficiency

Continuously monitoring and evaluating performance, identifying improvement opportunities, optimizing resource utilization, and enhancing the effectiveness of management and operational processes.

MANAGEMENT COMMITMENT

Senior Management Commitment

The senior management of Pars Energy Drilling and Exploration Company considers support for the implementation, maintenance, and continual improvement of management systems essential to safe, high-quality, and sustainable performance.

Within this framework, senior management prioritizes providing necessary resources, developing employee competencies, fostering a culture of safety and accountability, meeting legal and contractual requirements, and improving organizational process effectiveness.

Performance monitoring, evaluating progress toward objectives, addressing nonconformities, and following up on corrective actions are likewise integral to the company’s continuous improvement approach.

Management Commitment to Quality and Operational Safety

From Commitment to Action

Our Approach to Policy Implementation

A framework for translating organizational commitments into measurable and improvable actions.

Planning

Identifying requirements, risks, and opportunities for improvement, setting objectives, and planning the effective management of organizational and operational activities.

Implementation

Implementing relevant plans and procedures, deploying appropriate resources and equipment, and complying with quality, health, safety, and environmental requirements.

Monitoring and Evaluation

Measuring performance, reviewing progress toward objectives, assessing compliance with requirements, and identifying areas for corrective action and improvement.

Continuous Improvement

Reviewing evaluation results, implementing corrective and preventive measures, and continually improving organizational processes and performance.

OUR COMMITMENT

Quality in Performance, Safety in Operations, Sustainability in Development

At PEDEX, sustainable performance is built on accountability, adherence to professional standards, and a commitment to continuous improvement.