Petro Farayand Karkhe
Petro Farayand Karkhe Engineering and Development Company was established in 2013 as a special joint stock company and was registered by Tehran Companies and Industrial Property Registration Office. This company is one of the subsidiary business units of Shastan Commercial Investment Company.
Becoming one of the top 5 investor companies in the fields of oil, energy and water (and sewage)
Carrying out investment and exploitation activities with the aim of creating value for the company's stakeholders in the fields of oil, energy and water (and sewage)
In the fifth decade of the holy system of the Islamic Republic of Iran and in order to achieve progress and justice, the children of this land, with effort, have used their minds and strength and have taken an effective step in the development and prosperity of the country to bring forth a symbol of Iranian capability.
Message from head manager Engineering and Development Company of Petro Farayand Karkhe
Renewable energies, hydroelectric power plants, thermal power plants and power and energy production plants
Carrying out all study activities, research, engineering, purchase, construction, installation, commissioning and operation activities in the field of renewable energy, hydroelectric power plants, thermal power plants
Fresh water production complexes and water and sewage treatment plants and related industries
Carrying out all study activities, research, engineering, purchasing, construction, installation, commissioning and operation activities in fresh water production complexes and water and sewage treatment plants and related industries, optimizing and increasing the efficiency of water and sewage treatment plants and power and energy production plants.
Activities related to upstream and downstream oil, gas and petrochemical industries
Carrying out all study activities, research, engineering, purchasing, downstream oil, gas and petrochemical activities, exploration and development of oil and gas fields, including engineering and implementation of geological, geophysical and seismological operations, petrophysics, drilling, reservoir engineering, exploitation and transmission pipelines, Optimizing and increasing the efficiency of oil, gas and petrochemical units and facilities,
Strategic priorities and values
- Commitment to social and professional principles and ethics
- Respecting the rights of all beneficiaries
- Management of technical and experimental knowledge
- Quality assurance and risk management in projects
- Expansion of financing sources
- Investment portfolio optimization and competitive intelligence
- Maintaining thermal electricity production capacity and income generation
- Development of renewable electricity production capacity
- Development of fresh water production capacity
- Increasing profitability and optimizing asset returns
History of Petro Farayand Karkhe Engineering and Development Company from "1391" until now
1391-1394
- The establishment of the company as a project company responsible for the implementation of Shastan's obligations in the contract for the early production of Band Karkheh oil field
- Operating as Shastan oil, gas, energy and water holding
- Performing a strategic turnaround, as an investor in the areas of water, energy and upstream of the oil and gas industry
1395-1396
- The implementation of the first priority of the wastewater collection network of Meibod city (supply of materials, equipment, implementation)
- Implementation of the second priority of sewage collection network in Meybod city (supply of materials, equipment, execution)
1396-1397
- Implementation of the third priority of sewage collection network in Meybod city (supply of materials, equipment, implementation)
1397- 1398
- Implementation of the third priority of sewage collection network in Meybod city (supply of materials, equipment, implementation)
- Implementation of sewage transfer line in Meybod city and supply of equipment and installation Setting up a pumping station
- The first phase of the electricity production and distribution process of this power plant in Eshtehard industrial town
1398 -1399
- Executive operation of Lamard 10 MW solar power plant
- Exploitation of the final capacity of Eshtehard industrial town power plant
- Exploitation of the first phase of the implementation of the sewerage network and sewage treatment plant in Meibod city
1399-1400
- Received the National Award for Renewable Energy
Certificates and awards
Received the National Renewable Energy Award in the third period of 1400 as the best producer of renewable energy (photovoltaic solar energy) in 2019
