Opco Competitors

Since 1951, National Iranian Oil Company (NIOC) has been directing and making policies for exploration, drilling, production, research and development, refining, distribution and export of oil, gas, petroleum products. NIOC, with a vast amount of oil and gas resources, is one of the world’s largest oil companies. At the present time, it is estimated that the company holds 156.53 billion barrels of liquid hydrocarbons and 33.79 trillion cubic meters of natural gas. With advances in technology and increasing complexities of economic and political relations, NIOC has risen to a privileged status. Therefore, national and regional policies and cooperation with industrial countries in the provision in the supply of energy and stabilizing global oil markets are on the agenda of NIOC. On the verge of the fourth decade of the Islamic Revolution, oil industry workers have every reason to be proud of their achievements before the noble people of Iran, and they pride themselves on having learned the lessons of self-assurance and dignity. NIOC, in accordance with Article 44 of the Constitution, gives authority to different sectors, while supervising oil industry activities. The company has taken major steps toward establishing business enterprises, funded financial resources for development, helped to update technologies for exploration, drilling and production with reliance on the knowledge of Iranian experts. NIOC consists of seventeen production companies, eight technical service companies, seven managements, six divisions (administrative units) and five organizational units. http://www.nioc.ir/portal/home/?generaltext/81026/81171/67776/

As the mega Gas Field of South Pars was explored in the Persian Gulf and the necessity of its development aroused, the idea of establishing a local company to transfer and develop the management know-how of large oil & gas programe came up; therefore, in 1998, Petropars Ltd was established. In the first step, the company undertook the implementation of the phase 1 SPGFD and in cooperation with internationally accredited companies was able to transfer the necessary management and technical knowledge to the country. Then, the development program for Phases 4 and 5 of SPGF was transferred to Petropars, the first experience of an Iranian company in financing and investing in program and mega projects. With the significant success Petropars achieved in this project, it has taken steps towards the fundamental management of domestic and foreign contractors and enhancing project management knowledge in Iran, and has thus been responsible for the implementation and development of Phases 6,7,8 of SPGF. Undertaking these projects Petropars to be awarded the development of Phase 12 of SPGF as well becoming the largest Iranian contractor in oil & gas industry, Petropars completed the project with undeniable success in 2014 and added another notable achievement to its remarkable resume. With its achievements, Petropars was opted as the most powerful domestic contractor in the oil and gas sector so that the development of Phase 19 of SPGF and Farzad Gas Field, North Cabinda, etc. were added to the company’s agenda. Using enhanced the Petropars capabilities, Phase 19 of the South Pars Gas Field development was successfully completed in 2017. Considering financing the projects of Phase 1 and Phases 4,5,6,7,8 and 12, Petropars is now considered as the only Iranian contractor which is capable of financing the mega projects, relying on its sole stakeholder , NICO. Backed by its reputation, Petropars intended to became an Exploration & Production (E&P) Company in International level.

Sepahan Oil Company (SOC), established in 2002, is an oil refining independent company based in Tehran with its' refining facilities located in Isfahan. The name of the company "Sepahan" has been taken from the ancient name (224 to 621 AD) of the historical and cultural city of Isfahan, in the central Iran. In 2013, SOC began offering shares of stock on Tehran Stock Exchange. With the annual production capacity of more than 700,000 MT, SOC is now the largest producer and supplier of premium Group I base oil in the Middle East. Under the brand name of "Speedy", the company is one of the main producers of diesel and engine oils in the Mideast as well. SOC's primary products include engine oils, industrial lubricants, automobile gear oils, greases and antifreeze, paraffin wax, and heavy slack wax, as well as base oil SN500. The company has been awarded nationally and internationally. It has received Iran's Best Exporter of the Year Awards in 2004, 2007, 2011, 2012 and in 2014, as well as Iran Best Industrial Co. Award in 2004. It has also been announced as the winner of the Golden Award for Quality & Business Prestige in 2007 (Geneva, Switzerland), the Golden Trophy for Quality -- New Millennium Award in 2007 (Paris, France), and Premium Quality Award from the ICS Group in Canada in 2014 and the International Risk Control Academy's (IRCA's) two-star certificate for the year 2015-2016 as the first company in Iran. Nationally awarded for its' environmentally-friendly activities in 2014, SOC has also been accredited by ISO 9001, ISO/TS 16949, OHSAS 18001, ISO/TS 29001, and ISO 14001 as well as ISO/IEC 17025. It has also succeeded for the first time to receive the Iranian national certificate for protecting consumers' rights in 2016.