PetroSazehMobin_Engineering and Development

What PetroSazehMobin_Engineering and Development does

PetroSazehMobin Engineering and Development (شرکت مهندسی و توسعه پترو سازه مبین) is a privately held Iranian EPC and construction contractor founded in the early 2000s (Persian Calendar decade 1380s) and headquartered in Tehran, with approximately 94 employees and operational bases in Assalouyeh, Ahvaz, and Bandar Abbas. The company delivers engineering, procurement, construction, and commissioning services for Iran's oil, gas, and petrochemical sectors, including pipeline construction (wellhead facilities, flow pipelines, transmission pipelines), refinery and petrochemical unit construction (dehumidification, pressurization, ammonia, urea, ethylene oxide), piping and mechanical operations on South Pars gas field phases, civil works, basic and detailed design, commercial supply, storage and distribution, and operations and management of refining and petrochemical units. Its technical differentiators are deep, repeated execution across South Pars phases 15, 16, 17, 18, 20-21, 22, 23 and 24, HSE compliance certified to international standards, and a Rank 1 qualification from Iran's Plan and Budget Organization for transmission lines and refinery construction.

The firm's revenue model is project-based, earned through multi-year EPC and construction contracts awarded via competitive tender to state-owned oil, gas, and petrochemical enterprises, with pricing determined per project and no standardized public pricing. Customer relationships are anchored to a recurring set of Iranian state-owned operators — Oil Industries Engineering and Construction Company (OIEC), Petrosina Aria Oil and Gas (PSA), Persian Gulf Bidbland Gas Refining Company (PGPIC), Industrial Projects Management Company of Iran (IPMI), Oil Design and Construction Company (ODCC), Ibn Sina Andimeshk Petrochemical, and Sepehr Techno Energy Company (TESCO) — supplemented by approved contractor status with Persian Gulf Petrochemical Industries Company. Go-to-market is enterprise field sales executed through direct tendering and government qualification systems, with secondary awareness via the company website (psm.co.ir), industry exhibitions such as Iran Petrochem / Iran Plast, and active memberships in industry bodies including the Association of Oil, Gas and Petrochemical Engineering and Contracting Companies (APEC), Groupe Genoyer, and the Iranian Polymer and Chemical Engineers Association. In 2025 the company extended its addressable scope by obtaining a Ministry of Oil E&P qualification certificate, signaling intent to expand from downstream construction into upstream exploration and production activities.

Name

PetroSazehMobin_Engineering and Development

Legal name

Petro Sazeh Mobin Engineering and Development Company

Website

https://psm.co.ir

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

PetroSazehMobin is a privately held Iranian EPC and construction contractor delivering engineering, piping, mechanical, civil, and pipeline services for state-owned oil, gas, and petrochemical operators across South Pars, refinery, and petrochemical projects.

Ownership category

akta.pro rank

Product category

Oil, Gas, and Petrochemical EPC Services

NAICS

Oil and Gas Pipeline and Related Structures Construction (237120), Engineering Services (54133)

SIC

Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

Chemical & Petrochemical Plant Construction (IMAFADAA)

Keywords

• EPC contracting
• Oil and gas construction
• Petrochemical engineering
• Pipeline construction services
• Refinery construction services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts: Engineering, Procurement, and Construction contracts for oil, gas, and petrochemical projects including refineries, pipelines, and petrochemical units
2. Construction Services: Piping, mechanical, and civil construction services for industrial facilities under PC and EPCC contract types

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

PetroSazehMobin is an EPC (Engineering, Procurement, and Construction) contractor for Iran's oil, gas, and petrochemical industries. The company executes pipeline construction (wellhead facilities, flow pipelines, oil/gas transmission, water supply), refinery and petrochemical unit construction (ammonia, urea, ethylene oxide, dehumidification, pressurization), piping and mechanical operations across South Pars phases, civil and building works, basic and detailed engineering design, and commercial supply of equipment for energy-sector clients.

Product overview

Petro Sazeh Mobin Engineering and Development Company operates as an EPC (Engineering, Procurement, and Construction) firm specializing in the oil, gas, and petrochemical industries. The company offers a comprehensive portfolio of services including basic and detailed design, pipeline construction and implementation, piping and mechanical operations, civil and construction work, commercial services and supply, storage and distribution, and operation and management of refining and petrochemical units. Key project categories include well facilities and flow pipelines, gas transmission pipelines, refinery construction at South Pars phases, petrochemical unit construction (ammonia, urea, ethylene oxide), and dehumidification and pressurization units. The company holds first-place ranking in oil and gas from the Management and Planning Organization for transmission lines and refinery construction, installation, and commissioning.

Differentiator

Problem solved

Functional benefit

Products and services

• Pipeline Construction Services
• Refinery and Petrochemical Construction
• Piping and Mechanical Services
• Basic and Detailed Engineering Design Services
• Civil and Construction Operations
• Commercial Services and Supply
• Storage and Distribution Services
• Operation and Management Services
• Power Plant Services

Quantifiable outcome

• Successfully completed piping operations in area A of South Pars Gas Refinery Phases 21-20
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Groupe GenoyerminorStrategic or Co-development PartnerMembership in Groupe Genoyer industry association for oil and gas sector collaboration
• Association of Oil, Gas and Petrochemical Engineering and Contracting Companies (APEC)coreStrategic or Co-development PartnerActive membership in APEC, the industry association for engineering and contracting companies in Iran's oil, gas, and petrochemical sector
• Iranian Polymer and Chemical Engineers AssociationminorStrategic or Co-development PartnerProfessional association membership for polymer and chemical engineering collaboration
• Corrosion Association of IranminorStrategic or Co-development PartnerTechnical association membership for corrosion management in oil and gas facilities
• Persian Gulf Petrochemical Industries CompanycoreStrategic or Co-development PartnerListed as approved contractor and consultant for Persian Gulf Petrochemical Industries Company projects
• Idro OylminorStrategic or Co-development PartnerBusiness partner for oil industry projects
• PetrolandminorStrategic or Co-development PartnerBusiness partner for petroleum industry collaboration
• ChaghashminorStrategic or Co-development PartnerBusiness partner in oil and gas sector
• KSKminorStrategic or Co-development PartnerBusiness partner for energy sector projects
• Petro Asmari InternationalminorStrategic or Co-development PartnerInternational business partner for petrochemical projects
• Petrochemical Research and TechnologyminorStrategic or Co-development PartnerResearch and technology partnership for petrochemical development
• Shanol FarayandminorStrategic or Co-development PartnerBusiness partner for process engineering services
• Mohit Zist AvminorStrategic or Co-development PartnerEnvironmental services partner for oil and gas projects

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Petrofac: UK-based EPC and operations services provider to the oil, gas, and petrochemical industry. Directly comparable in EPC project execution, refining and petrochemical capabilities, and O&M service offerings.
• ENKA: Turkish-based international EPC contractor with strong oil, gas, petrochemical, and power project portfolio across the Middle East and CIS. Directly comparable in EPC services for refineries, process units, and pipelines in regional markets.
• Técnicas Reunidas: Spanish engineering and construction firm specializing in oil and gas, petrochemical, and power EPC projects globally. Closely comparable in scope (refinery, petrochemical, and gas processing EPC) and serves similar end markets to PetroSazehMobin.
• Sazeh Andishan Industrial and Engineering Group: Iranian EPC contractor providing engineering, procurement, construction, and project management for oil, gas, petrochemical, and power projects. Competes in the same domestic tender pool with similar scope of services.
• Iranian Offshore Engineering and Construction Company (IOEC): Leading Iranian EPC contractor for offshore and onshore oil and gas projects. Competes for similar Iranian state-owned tenders and shares PetroSazehMobin's customer base in the country's energy infrastructure buildout.
• Saipem: Italian EPC contractor with leading positions in oil and gas pipeline, refinery, and petrochemical construction. Highly comparable in terms of project types (pipelines, process units, mechanical construction) and customer segment.
• Oil Industries Engineering and Construction Company (OIEC): Major Iranian state-linked EPC contractor for oil, gas, and petrochemical projects. Directly comparable business model and is also a current client of PetroSazehMobin on the Ramshir processing complex and Dehloran petrochemical projects.
• Petro Sina Arya Oil and Gas Company (PSA): Iranian oil and gas EPC contractor active on South Pars phases. Comparable project profile and customer base, and is also a current client of PetroSazehMobin on South Pars phases 22-24.

Regional players

• MAPNA Group: Iranian state-affiliated EPC conglomerate primarily focused on power plants and industrial energy infrastructure, with adjacent capabilities in oil and gas. Regionally comparable EPC profile but skews toward power generation rather than petrochemical/refinery construction.

Broad incumbents

• Larsen & Toubro (L&T): Large Indian diversified engineering and construction group with significant oil, gas, and petrochemical EPC operations. Comparable in offering breadth and project scale, but operates as a much larger incumbent with a far broader portfolio beyond energy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/petrosazehmobin-engineering-and-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

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 PetroSazehMobin_Engineering and Development