Oil and Energy Industries Development (OEID) was established in 1997 as a subsidiary of OIEC. The company’s core area of expertise is in upstream projects, including oil and gas exploration, field development and related upstream engineering services.
Utilizing the world’s latest technologies for the development of oil and gas fields, OEID is known for its advanced technology, high profile experience and result oriented professionalism. As a result, OEID has executed some of the most challenging projects in the Iranian upstream sector, including development of more than 20 onshore oil fields as well as several EPC and EPD work-packages such as well-head facilities, production units, desalting plants, gas compression and injection stations.
Capabilities
- Full field reservoir studies and field development plans (MDP)
- Seismic acquisition, processing, and interpretation management
- Log interpretation / evaluation
- Oil and gas reservoir management
- Rock / fluid characterization and reservoir simulation
- Drilling management, drilling and work over programs/design and operation
- Production management, well completion design, and production optimization
- Engineering, Procurement and Construction (EPC) services of oil and gas well-head facilities, production
- units, desalting plants, gas compression and injection stations, NGL plants, waste water treatment and disposal
- Managing Contract (MC) and consulting and provision of oil and gas upstream projects