Informational only. Sanctions data published direct from official feeds (OFAC, UN, EU, UK + national authorities). Always verify against the original source before any compliance, commercial, or legal decision. Report an error.
Home ›
Search ›
PEDEC
Petroleum Engineering & Development Company
PEDEC
Petroleum Engineering & Development Company
⚠ Sanctioned · 1 active program
Identity
Type
company
Also known as
Aliases
sale and export monopoly for Iranian oil. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. · The Petroleum Engineering & Development Company (PEDEC) is a subsidiary of the National Iranian Oil Company (NIOC) and its development and engineering arm. NIOC is a State-owned and operated entity providing substantial financial resources to the Government of Iran. NIOC holds the production
Disclaimer. This page is informational only and does not constitute legal advice or a
compliance determination. Common names may match multiple individuals — verify identity (DOB,
nationality, place of birth) independently before any business decision. Data sourced directly from
publishers including OFAC, UN Security Council, EU, UK OFSI and 46 other national lists.