Search OpenSanctions

Advanced

Petroleum Engineering & Development Company

Sanctioned entity
TypeOrganization[sources]
NamePEDEC · Petroleum Engineering & Development Company[sources]
AliasPEDEC[sources]
Incorporation date[sources]
Legal formnot available[sources]
CountryIran[sources]
Registration numberIR0000054377[sources]
Statusnot available[sources]
AddressNo. 61 Shahid Kalantari St., Sepahbod Qarani Ave., Téhéran · No. 61 Shahid Kalantari St., Sepahbod Qarani Ave., Téhéran, IRAN · Tehran, No. 61 Shahid Kalantari St., Sepahbod Qarani Ave., IRAN (ISLAMIC REPUBLIC OF) · Tehran, No. 61 Shahid Kalantari St., Sepahbod Qarani Ave., Iran[sources]
Source linkeur-lex.europa.eu · eur-lex.europa.eu · gels-avoirs.dgtresor.gouv.fr[sources]
Last changeLast processedFirst seen

Descriptions

IR0000054377 (regnumber-Registration Number) (on 1980-08-27)

— Belgian Financial Sanctions,

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, 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.

— Belgian Financial Sanctions,

(Date of UN designation: 2025-09-29) (Designation details: 16.10.2012, suspended since 16.1.2016)

— Belgian Financial Sanctions,

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, 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. Therefore, PEDEC is owned or controlled by an entity providing support to the Government of Iran.

— Swiss SECO Sanctions/Embargoes,

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, 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.

— EU Financial Sanctions Files (FSF),

Petroleum Engineering & Development Company (PEDEC) est une filiale de National Iranian Oil Company (NIOC) et constitue sa branche «développement et ingénierie». NIOC est une entité détenue et gérée par l’État qui fournit des ressources financières substantielles au gouvernement iranien. NIOC détient le monopole de la production, de la vente et de l’exportation de pétrole iranien. Les recettes générées par les ventes de pétrole de NIOC jouent un rôle important dans le financement de l’armée iranienne et de l’IRGC. Par conséquent, PEDEC est détenue ou contrôlée par une entité qui fournit un appui au gouvernement iranien.

— French National Asset Freezing System,

Numéro d’enregistrement: IR0000054377 Date d’enregistrement: 27/08/1980

— Monaco National Fund Freezing List,

Relationships

Data sources

EU Financial Sanctions Files (FSF)7,525

As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.

European Union · DG FISMA

EU Council Official Journal Sanctioned Entities2,986

Supplemental list of people, companies, and organizations sanctioned for involvement in Russia's invasion of Ukraine.

European Union · Council

French National Asset Freezing System5,933

The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.

France · DGT

Monaco National Fund Freezing List5,889

A list of entities subject to fund and economic resource freezing procedures.

Monaco · Monaco

Swiss SECO Sanctions/Embargoes8,467

Switzerland manages a sanctions lists with a high degree of detail on the individuals that are subject to it's embargoes

Switzerland · SECO

Belgian Financial Sanctions5,871

Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council

Belgium · FOD

Source data IDs: fr-ga-8535 · eu-fsf-eu-13574-16 · mc-freezes-6e1583ec1e6f6f8634aa99f88f898b3f884f7322 · be-fod-976905b92ed6875570cc979cbebfceb13ab4f611 · ch-seco-100635 · eu-oj-7e431ef7be9310bbffe59d3374cdd3f5a84a1550

For experts: raw data explorer

FactsheetDescriptionsRelationshipsData sources
OpenSanctions · Supreme Data on Supreme Leaders
OpenSanctions Datenbanken GmbH · info@opensanctions.org · https://opensanctions.org/meeting