Oil Exploration Operations Company
It is recognized as one of the leading private companies active in the upstream sector of Iran’s oil and gas industry. The company was established in 1998 and has since provided specialized technical services in two major areas: exploration operations and integrated drilling auxiliary services. In 2019, ownership of the company’s shares was transferred to the Oil Industries Engineering and Construction Company (OIEC). According to the Oil Pension Fund’s restructuring strategy, all shares of the Oil Exploration Operations Company were transferred to OIEC in 2019.
Following OIEC Group’s strategic policy to enhance and consolidate the capabilities of its subsidiaries in related fields, the companies Saba Rig Supply and Oil Industries Drilling Services were merged with the Oil Exploration Operations Company. This integration aimed to create a full-cycle upstream service provider covering exploration, drilling, drilling auxiliary services, and well production, enabling stronger market presence and alignment with strategic goals. Supported by skilled personnel and advanced equipment, the company has successfully exported technical and engineering services beyond national borders in recent years, earning a strong reputation in the region through high‑quality service delivery
Under its new structure, the company—now fully private and backed by over 20 years of upstream expertise—has initiated a new wave of transformation in the oil industry and continues to contribute significantly to national progress and independence. It is hoped that, with timely identification of opportunities and challenges, the Oil Exploration Operations Company will continue to play a successful and influential role in the country and the region
Operations Center
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The operations center of the Oil Exploration Operations Company is located in Ahvaz, covering an area of approximately 40 hectares. All company equipment is stored in this area, which consists of three yards with warehouses and maintenance workshops
Korit Yard
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This yard includes seven warehouses and maintenance workshops as follows
Storage of cement sacks
Maintenance of cement trucks and coiled tubing units
Core sampling and well‑startup tools workshop
Mechanical DST and full‑bore maintenance workshop
Support, transportation, and repair workshop
Spare parts warehouse
Surface testing tools, wellhead equipment, and well logging tools
Shahid Soleimani Yard
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The Shahid Soleimani Yard covers 9 hectares and includes
7,200 m² concrete yard
1,200 m² warehouse (including a 100 m² cold storage and maintenance workshop)
800 m² administrative office area including storage, welding, and tools section
It also includes the mobile tools section (capable of repair and overhaul of well control equipment) and operations management. The third yard contains a warehouse used for support and additional operational needs when required
