Iranian Offshore Engineering and Construction Company
Iranian Offshore Engineering and Construction Company (IOEC) is the first Iranian general contractor in the oil and gas industries. IOEC specializes in offshore EPC projects and is considered one of the regional pioneers in this area. The company was established in 1993 and operates mainly in the Persian Gulf, with its head office in Tehran. It experienced a very fast growth in its life and achieved a record of $7 billion for its ongoing projects in 2010.
IOEC designs, procures, constructs, installs and services a complete range of offshore surface and partial subsurface infrastructure for the offshore oil and gas industries. IOEC is one of the largest integrated offshore and sub-sea pipelaying companies in the Middle East. Iran is self-sufficient in its offshore oil and gas drilling up to a depth of 150 meters (2009).
The company is focused on extending its oil, gas and petrochemical activities to onshore and offshore, upstream as well as downstream activities and operations.