The National Iranian Oil Company (NIOC) awarded the development contract of Azar Oil Field within the framework of Buy-Back contracts to a consortium consisting of Ahdaf Investment Company and OIEC, and the contract became effective in April 2012. This consortium established Sarvak Azar Engineering and Development Company (SAED) in 2012 for project implementation. Consequently, SAED was established to carry out operations related to the development of the most complex oil field in the Middle East, which is shared with Iraq, and also to create a capable company for the development of similar future projects. Following the successful development of the Middle East's most complex field, shareholders of this company, based on the ten-year experience gained during the development and operation of the Azar oil field, have decided to change the company's strategy. Now, after undergoing an evaluation process, this company has joined the ranks of exploration and production (E&P) companies, and the development of hydrocarbon fields is on the agenda for the future of this company.
According to the Master Development Plan (MDP) for the Azar Oil Field, 19 production wells and one water disposal well to a
The wellhead facilities and flowlines of this project were implemented in two stages: initial production and final production. There are 20 wells in total, including 8 wells for initial production and...
The scope of the Central Processing Facility (CPF) project includes all engineering, procurement, construction, commissioning, and other necessary services for the final production of 65,000 barrels o...
Sustainable development means integrating economic, social, and environmental objectives to maximize the well-being of current human beings without compromising the ability of future generations to meet their needs. Corporate sustainability is a different approach to doing business, where the organization creates long-term value for all stakeholders. In this approach, all dimensions of business performance, including social, cultural, economic, and environmental dimensions, are considered. Due to the overarching strategies and the attention of the leaders of Sarvak Azar Engineering and Development Company towards sustainability, the company has organized its extensive activities in a way that, in addition to legitimate profitability and efforts to maximize the positive effects of its actions, it also minimizes potential negative impacts. Furthermore, the company aims to be a responsible and influential member of society, addressing long-term public needs beyond profitability.
CSR
Demining
Creating national trust by using the innovation of knowledge-based collections
We are very pleased on the eve of the anniversary of the nationalization of the oil industry and the continuation of the...
According to the SARVAK AZAR company's public relations report, on March 18 of this year, a meeting was held with Hamidr...
In line with SARVAK AZAR's public relations report, the company began planting saplings according to previous years' rou...