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Oil and Energy
1- Exploring for Energy
One of our key strengths is our demonstrated ability to find new resources. Continually striving to be at the forefront of reservoir prediction and characterization, as well as advanced seismic and drilling enhancements enable the company to identify and better characterize commercially viable resource deposits. Our scientists use sophisticated and proven technologies to locate and gain access to these resources deep beneath the earth’s surface. Whether it’s exploration efforts in Asalooyeh where we are among shale gas explorers – our commitment is the same: use our proven track record and expertise to safely and responsibly find oil and gas.
We produce oil and gas resources that power civilization. Our scientists and engineers use technology to maximize production of existing resources and to develop areas that were previously thought to be unrecoverable. We do all of this with a commitment to safe and responsible development that helps achieve economic growth, preserves and creates jobs and ensures quality of life.
Crude oil and natural gas are found all over the world, often in remote locations far from demand. At EOEC we safely transport oil and natural gas using pipelines, tankers, trucks and rail to connect energy supply to demand. The method we choose depends on the project, location, economics, accessibility and environmental considerations. All four methods are proven, efficient and economical ways of getting energy to market.
Tankers carry most of the world’s crude oil and liquefied natural gas from producing to consuming nations. Pipelines move oil and gas onshore and offshore. Trucks and trains handle the rest. Whatever the method, safety is our No. 1 priority, and we are committed to ensuring the well-being of the public, our employees, our contractors, the environment and our assets.
Not all innovation takes place in a lab. From the corporate office to the well site, our scientists and engineers work together every day to solve problems and design more effective ways to find and produce hydrocarbons.
EOEC pursues an organic growth strategy, focusing on unconventional reservoirs, deepwater exploration, oil sands and liquefied natural gas. We are committed to acquiring and applying the best technologies available to support these initiatives, whether we develop them internally or get them from an external source through our venture capital program.
We value relationships with suppliers and other companies with whom we conduct business and are committed to providing prompt, accurate service.