NEYRPERSE

What NEYRPERSE does

NEYRPERSE is a Tehran-based engineering, procurement, construction, and commissioning (EPCC) contractor specializing in oil, gas, and petrochemical infrastructure projects across Iran. Founded in 1958 and operating as a subsidiary of MAPNA Group since its privatization in 2007-2008, the company holds Rank 1 status in both oil & gas contracting and power contracting nationally. Its portfolio spans upstream, midstream, and downstream energy infrastructure including gas pressure boosting stations, sulfur recovery units, turbocompressor packages (MGT-30/DU80), vapor recovery units (VRU), underground gas storage facilities, and refinery process units. Notable technical achievements include installing 69 turbocharger units across Iran's gas transmission network as part of the 100-unit national program, and producing 3 domestic gas compressors for the Shourijeh D underground storage facility — making Iran the first Middle Eastern country with this capability.

The company's core products include turbocompressor packages, gas pressure boosting stations with 110 million cubic meters/day capacity, sulfur recovery and granulation units producing 400 tons/day, activated-carbon VRU systems recovering approximately 30,000 liters of gasoline daily, and comprehensive HSE management services. Manufacturing is supported by a production facility in Hashtgerd, Karaj, for metal components and equipment. Technology is differentiated through domestic localization of gas compression technology and domain specialization in sulfur recovery execution at South Pars.

NEYRPERSE operates on a project-based revenue model under turnkey (key-in-hand) contracts with Iranian national oil companies (NOCs) and government entities, including NIOC, South Pars Gas Complex, Iranian Gas Engineering and Development Company, Isfahan Oil Refinery, National Oil Products Distribution Company, and Iran LNG. Revenue is generated through EPCC contracting services and recurring operations & maintenance contracts. Pricing is not publicly disclosed and is determined through formal government procurement. The company leverages MAPNA Group's integrated ecosystem — including sister firms in drilling, oil & gas services, turbine manufacturing, and boiler equipment — to deliver vertically integrated turnkey solutions. With 501-1,000 employees and sole geographic focus on the Iranian domestic market, NEYRPERSE is positioned as a national champion contractor for state-owned energy infrastructure development.

Name

NEYRPERSE

Legal name

نیرپارس (Neyrperse)

Website

https://mapnanyp.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NEYRPERSE is a Tehran-based EPC contractor specializing in oil, gas, and petrochemical infrastructure projects in Iran. A subsidiary of MAPNA Group, it executes turbocompressor installations, sulfur recovery units, and gas pressure boosting stations for government-owned national clients.

Ownership category

akta.pro rank

Product category

Oil and Gas EPC Contracting

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Turbine and Turbine Generator Set Units Manufacturing (333611), Pump and Compressor Manufacturing (33391)

SIC

Engines & Turbines (3510), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Nuclear Steam Supply System Components & Turbine Islands (IMAHAFAG)

akta.pro secondary industry

Geothermal Equipment & Component Manufacturing (Turbines, Heat Exchangers, Pumps, ORC Units) (EUAMAEAI)

Keywords

• EPC contracting services
• Oil and gas infrastructure
• Petrochemical construction
• Gas compression stations
• Power plant engineering

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. EPC Contracting Services: Engineering, Procurement, Construction, and Commissioning (EPCC) services for oil, gas, petrochemical, and power sector projects. Revenue is generated through project-based contracts executed on a turnkey (key-in-hand) basis.
2. Operations and Maintenance Services: Aggregated services and spare parts contracts, operations and maintenance (O&M) of gas processing units including turbochargers. Managing operations of units 106 at South Pars refineries 11 and 12.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NEYRPERSE (نیرپارس) is an Iranian Engineering, Procurement, Construction, and Commissioning (EPC) contractor delivering turnkey industrial projects in the oil, gas, petrochemical, and power sectors. As a subsidiary of MAPNA Group, the company executes large-scale infrastructure projects including gas pressure boosting stations, turbocompressor installations, and power plant construction for state-owned and industrial clients.

Product overview

NEYRPERSE is an EPC (Engineering, Procurement, and Construction) contractor specializing in Iran's oil, gas, and petrochemical industry. The company operates as part of the Mapna Group and offers a portfolio of services including turbocompressor packages, vapor recovery units (VRU), sulfur recovery and granulation units, and gas pressure boosting stations. NEYRPERSE's core offerings are integrated project execution services rather than a unified software platform, with individual products including turbocompressor packages (MGT-30/DU80 models), VRU systems, sulfur recovery units, and HSE management services. The company primarily serves as a general contractor executing large-scale industrial projects in the energy sector.

Differentiator

Problem solved

Functional benefit

Products and services

• EPC Services for Oil and Gas Sector Turnkey engineering, procurement, construction, and commissioning services for upstream and midstream oil and gas infrastructure projects, delivered to national oil companies and industrial operators.
• EPC Services for Petrochemical Sector Engineering, procurement, construction, and commissioning of petrochemical processing facilities, auxiliary systems, and industrial complexes for petrochemical producers and operators.
• EPC Services for Power Sector Turnkey EPC delivery of power generation and energy infrastructure projects, including conventional and industrial power plant construction for utilities and large industrial users.
• Gas Pressure Boosting Stations Design, procurement, construction, and commissioning of gas pressure boosting stations to support gas transmission and distribution networks for pipeline operators.
• Turbocompressor Installation and Commissioning Installation, commissioning, and integration of turbocompressor packages within gas compression, processing, and power generation facilities for industrial clients.

Quantifiable outcome

• 69 turbocharger units installed across Iran's gas network
• +3 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• MAPNA Group (گروه مپنا)coreStrategic or Co-development Partner · 1 January 1386In 1386 (2007/2008), MAPNA Group acquired NEYRPERSE shares as part of the privatization program under Article 44 of the Iranian Constitution. MAPNA Group holds more than 70% of Iran's power network capacity and is the parent company overseeing NEYRPERSE's operations.
• Toga Company (توگا)coreStrategic or Co-development PartnerPartner in turbocharger package installation projects. Collaborated on 100-unit turbocharger project including Ardistan station where NEYRPERSE served as main contractor.
• Mako Company (مکو)coreStrategic or Co-development PartnerPartner in turbocharger projects under the 100-unit turbocharger initiative. Contributed to installation and commissioning of gas pressure boosting facilities.
• Mapna Drilling Company (شرکت حفاری مپنا)coreStrategic or Co-development PartnerListed as commercial partner under MAPNA Group ecosystem. Specialized in drilling operations for oil and gas wells.
• Mapna Oil and Gas Service Company (شرکت سرویس نفت و گاز مپنا)coreStrategic or Co-development PartnerListed as commercial partner providing oil and gas service operations within MAPNA Group ecosystem.
• Mapna Oil and Gas Development Company (شرکت توسعه نفت و گاز مپنا)coreStrategic or Co-development PartnerListed as commercial partner for oil and gas development projects within MAPNA Group.
• Mapna Turbine Engineering and Manufacturing Company (شرکت مهندسی و ساخت توربین مپنا)coreTechnology or IntegrationProvides turbocharger and turbine manufacturing capabilities supporting NEYRPERSE's gas infrastructure projects.
• Mapna Boiler and Equipment Engineering and Manufacturing Company (شرکت مهندسی و ساخت بویلر و تجهیزات مپنا)coreTechnology or IntegrationProvides boiler and industrial equipment manufacturing for energy projects within MAPNA Group.
• Moeneco Iran (موننکو ایران)minorStrategic or Co-development PartnerListed as commercial partner. Contributed to VRU (Vapor Recovery Unit) project alongside NEYRPERSE.
• Nasb Niroo (نصب نیرو)minorStrategic or Co-development PartnerListed as commercial partner specializing in power installation services within MAPNA ecosystem.
• National Oil Products Distribution CompanycoreStrategic or Co-development PartnerContract party for VRU project. NEYRPERSE executed vapor recovery unit projects at oil storage depots under contract with this national company.
• South Pars Gas Complex (SPGC)coreStrategic or Co-development PartnerMain employer for South Pars development projects. NEYRPERSE serves as contractor for refinery operations, maintenance, and development projects at multiple phases.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Saipem: Italian global oil and gas EPC contractor with extensive experience in gas processing, pipelines, and onshore megaprojects. Overlap is strongest in turnkey execution of refining, gas, and petrochemical infrastructure for national oil companies.
• TechnipFMC: Global oil and gas EPC and integrated services incumbent with broad upstream, midstream, and downstream capabilities. Comparable in executing large gas processing and compression projects, though at a much larger scale and wider geographic footprint.
• Chiyoda Corporation: Japanese global EPC contractor specializing in LNG, gas processing, and petrochemical facilities. Comparable in delivering large oil and gas process plant megaprojects for national oil and gas companies across the Middle East and Asia.
• JGC Corporation: Japanese global EPC contractor with deep oil and gas refinery, gas processing, and LNG project experience. Comparable in large-scale turnkey execution for national oil and gas companies, though at much larger scale and global reach.
• McDermott: US-headquartered EPC contractor specializing in energy infrastructure including gas processing facilities and storage. Comparable in executing complex gas and oil infrastructure projects for national and international customers.

Direct peers

• Petrofac: UK-headquartered oil and gas EPC and operations services contractor with similar mid-tier scale and project-based revenue model. Comparable in serving national oil companies on gas processing, compression, and infrastructure projects globally.
• Sadra (Iran Marine Industrial Company): Iranian industrial company under IDRO operating in marine, oil, and gas fabrication and EPC. Comparable in executing large-scale oil and gas infrastructure projects within Iran's sanctioned operating environment.
• Kayson: Iranian EPC and construction contractor operating in oil, gas, petrochemical, and infrastructure. Comparable domestic peer competing for similar Iranian megaproject awards and delivering integrated construction and engineering services.
• Petropars: Iranian oil and gas EPCC contractor with similar size and focus on South Pars and other national oil and gas megaprojects. Both serve the same NOC customer base and compete for similar turnkey contracts in Iran's upstream and midstream infrastructure.
• Técnicas Reunidas: Spanish EPC contractor specializing in oil and gas refining, gas processing, and petrochemical projects. Comparable in mid-tier scale, project-based revenue model, and focus on national oil company turnkey contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/neyrperse

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEYRPERSE