Leveraging the agility of a fully private organization, multidisciplinary technical and managerial expertise, and a professional upstream asset management framework, Hirbod E&P is positioning itself as one of Iran’s leading private-sector exploration and production companies.

Hirbod Exploration & Production (Hirbod E&P), backed by the industrial capabilities and operational experience of Hirbod Niroo Holding in the energy sector, pursues a specialized and focused approach to gas field development.

The company focuses on the sustainable and economic development of gas fields, integrated upstream project management, partnership-driven investment models, and capital efficiency optimization. Through this approach, Hirbod E&P provides a reliable platform for long-term strategic partnerships and sustainable value creation.

Advantages of Strategic Partnership with Hirbod E&P

A Fully Private Company with an Agile Structure and Fast Decision-Making

Hirbod E&P benefits from an agile management structure and streamlined decision-making processes, enabling rapid response to investment opportunities, efficient negotiations, and effective execution of upstream projects.

With a partnership-oriented approach, the company creates flexible frameworks for collaboration with investors, energy-intensive industries, and strategic partners through a variety of investment and field development models.

Specialized Focus on Gas Field Development

With a strategic focus on gas field development, Hirbod E&P delivers technical, economic, and operational solutions aligned with the country’s growing demand for sustainable energy and natural gas supply stability.

The company is capable of managing projects on an integrated basis — from opportunity identification and field studies to financing, development, execution, and operations — reducing execution risk while improving capital efficiency.

Technical and Managerial Capability in Field Development

Hirbod E&P relies on specialized teams in reservoir engineering, geology, geomodeling, energy economics, project management, finance, and contractual affairs to professionally evaluate, design, and manage field development projects.

The company’s long-term competitive advantages include:

• Reservoir management and production optimization
• Development of indigenous technologies
• Specialized upstream services
• Structured risk management systems
• Operational efficiency enhancement

Competitive Advantages & Capabilities

1. Strategic Focus on Gas Field Development

Given the strategic importance of natural gas in Iran’s energy economy and the increasing demand for sustainable energy supply, Hirbod E&P has identified gas field development as the core focus of its long-term strategy.

The company has evaluated development opportunities across approximately 70 gas fields available for private-sector participation and has adopted a targeted approach focused on assets with strong economic and operational potential.

By leveraging multidisciplinary technical, financial, commercial, and contractual expertise, combined with the agility of the private sector, Hirbod E&P actively pursues negotiations, studies, and development opportunities in cooperation with the National Iranian Oil Company (NIOC).

2. Technical Capability in Hydrocarbon Field Evaluation and Development

Hirbod E&P possesses specialized capabilities in geology, reservoir engineering, geomodeling, energy economics, and project management, enabling the comprehensive evaluation of hydrocarbon assets and the design of optimized development strategies.

Core capabilities include:

• Technical and economic field studies
• Uncertainty analysis and risk assessment
• Development scenario planning
• Reservoir management and production optimization
• Investment model structuring
• End-to-end project leadership from study and negotiation to development and operations

3. Integrated Field Development Management

One of Hirbod E&P’s key strengths is its ability to manage the entire field development cycle through integrated contractual and operational frameworks within the oil and gas industry.

The company is capable of overseeing all stages of project execution, including:

• Field selection
• Negotiations with relevant authorities
• Development studies
• Engineering design
• Project execution
• Production and operations

4. Investment Partnerships in Upstream Projects

Hirbod E&P promotes partnership-driven investment opportunities in upstream oil and gas projects.

The company collaborates with investors, industrial stakeholders, and strategic partners through flexible investment and field development structures designed to:

• Create sustainable value
• Optimize risk allocation
• Accelerate asset development
• Improve project efficiency

5. Organizational Agility and Data-Driven Decision-Making

As a fully private enterprise, Hirbod E&P benefits from an agile organizational structure, rapid decision-making capabilities, and a data-driven management approach.

These characteristics enable the company to respond quickly to market opportunities, effectively manage negotiations, mitigate project risks, and accelerate field development activities.