Vision, Goals and Strategies

Vision

OIEC strives to become the largest EPC contractor for oil and gas development projects in Iran; a leading exporter of technical and engineering services in the region and to establish its brand firmly in the international market; relying on:

• Its valuable experience and impressive track record
• Advanced technology
• Its modern management scheme and organizational framework
• Its corporate culture, based on integrity, competency and knowledge

OIEC endeavors to be recognized by clients, partners, employees and competitors as:

• Market leader in Iranian oil, gas and petrochemical EPC projects
• One of the leading EPC contractors in the region, well-known throughout the world, respected for excellence, experience and implementation of challenging projects
• Benchmark for quality, distinction and everlasting excellence, guaranteed through its modern management systems

Goals

At OIEC, we aim, plan and work to achieve the best possible results. The highlights of our goals are:

• Achieving perfection in all services rendered and products offered
• Continuing to work safe and environmentally friendly in all projects
• Strengthening the financial conditions of the Company
• Maintaining steady growth in profitability and turnover
• Continuing to make our profile and track record stronger
• Hiring high caliber personnel and training them to utilize their full potentials
• Providing opportunities for improvements and growth of staff and implementing performance-based reward system
• Developing new opportunities and seeking new markets
• Developing and improving the Company's procedures, standards and systems

Strategies

To achieve the above goals and realize our vision, we follow stringent strategies, the headlines of which are as follows:

• Develop management schemes based on problem-solving techniques, teamwork attitude and encouraging trust-based communication
• Provide a substrate on which simultaneously all legal, business and environmental obligations are met and our personnel are satisfied
• Ensure improvement of earnings and secure shareholders' interests
• Build a corporate identity and communicate it throughout the Company and its subsidiaries
• Take advantage of co-operation with and experience of foreign and domestic partners, suppliers and colleagues
• Share experience and best practice
• Define strategic performance indicators and realize them through a Performance Management System
• Benchmark for continuous improvement