CATALOG of OEOC ( 2006 )

Introduction

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Policy of Oil Exploration Operating Company :

Oil Exploration Operating Company ( OEOC) , is one of the most experienced Iranian companies in Oil and Gas division , operating as part of Exploration Directorate of National Iranian Oil Company till 1999.

In 1999, following implementation of major policies of National Iranian Oil Company aiming in separating operational division of Exploration Directorate from its governing and policy making division , the whole set of operational bureaus of NIOC Exploration Directorate separated from the Directorate keeping organizational structure and entire equipment and specialized machineries and commenced its activities as one of subsidiary companies of National Iranian Oil Company with a new legal entity under the title of Oil Exploration Services Company (OESCO).

With the same organizational missions and consisting with the government shrinking policies, the company was subsequently assigned to Oil Industry Pension Fund in 2000 according to Iranian Parliament (Majlis) ratification and NIOC Board of Directors approval.

Later in 2003 , after renaming to new title of Oil Exploration Operating Company, it , possessing experienced and specialized human resources, continued its activities in Geological , Geophysical , Petroleum Engineering and Well Logging projects and also surveying , Drilling Services , and Construction .

Strategies of Oil Exploration Operating Company :

Include the following axes :

a) Enhancing and developing the company to international level with appropriate capabilities in operational domains and endeavoring to enhance the company as a significant one throughout the nation and in the region ,

b) Training and employing specialized human resources in different organizational levels of the company and presenting specialized scientific services in oil and gas exploration and offering such trainings to other companies ,

c) Reducing operational costs ,

d) Providing suitable workenvironment with involving staff in quality, safety and environmental hygiene ,

e) Respecting staff dignity by maintaining a safe and hazard- free environment ,

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