Open Innovations

Progress and Innovation in the Energy Industry

Introduction:
Pasargad Energy Development Company has consistently sought to utilize the latest technologies and innovative methods in the energy sector and, in this regard, has collaborated with other prominent institutions in this field. One of the company's most important initiatives is its participation in open innovation projects, which are carried out in collaboration with the Oil Industry Innovation and Venture Fund (IOIV), Shenasa Venture Capital Company, and Trigap Accelerator.

Collaboration Objectives:
These collaborations are formed with the aim of leveraging creative and innovative ideas, sharing knowledge and experience among various institutions and companies, and promoting a culture of innovation in the oil and energy industry. Through these projects, Pasargad Energy Development Company can contribute to the development of the energy industry by identifying existing challenges and researching and testing innovative solutions. In addition to attracting new ideas, open innovation enables the implementation of pilot projects and the development of products that have added value for the energy industry. As a result, these collaborations contribute to increased productivity, reduced costs, and the advancement of indigenous technologies, bringing more sustainable and diverse solutions for the future of energy in the country. Pasargad Energy Development Company holds shares in two investment funds: the Oil Industry Innovation and Venture Fund (IOIV) and Shenasa. By investing in these funds, the company aims to achieve new innovations in the energy industry through strategic collaborations and to leverage the expertise and knowledge of companies and institutions active in this field.

First PITCH SESSION Event of
Technology and Innovation Management - 2024

The first PITCH SESSION event in the field of technology and innovation management was held with the presence of managers and specialists from the holding company and subsidiary companies of the Pasargad Energy Development Company (PEDC). In this session, knowledge-based and technology companies in the fields of drilling safety services and the manufacturing of rupture discs presented their work both online and in person.

The event addressed topics such as rupture disc production plans, solutions for improving oil and gas well production, and enhancing safety and quality in the oil and gas industry through the use of new technologies. The goal of this event was to encourage the expansion of innovative activities and increase productivity in this industry.

Fifth Energic Matchmaking Event

Solutions for Optimizing Energy Consumption

Pasargad Energy Development Company (PEDC) organized an event focused on energy consumption optimization solutions. The event aimed at investment in innovative projects in this field and was attended by technologists and knowledge-based companies.

Key topics of the event included optimizing the consumption of energy sources such as natural gas, petroleum products, electricity, and renewable energy, as well as projects based on energy platforms and the Internet of Things (IoT).

During this gathering, energy innovators had the opportunity to showcase their capabilities and achievements in energy optimization in the presence of industry managers and experts.

This event represents a significant step towards advancing innovative activities and sustainable development in the country’s energy sector.

Holding of the REVERSE PITCH Event on Technological Needs of PEDC in the 12th INOTEX 2023 International Event

Pasargad Energy Development Company (PEDC) organized the "REVERSE PITCH" event at the 12th INOTEX 2023 International Event, aiming to find innovative solutions to the challenges and issues of the country’s oil and energy industry through entrepreneurs and domestic knowledge-based companies. This event was part of the issue-driven competitive events development program, known as the Shahid Babaei Plan, initiated by the National Elites Foundation and was held at the Pardis Technology Park. During this exhibition, the Energetic Innovation Center held a brainstorming session, introducing seven technological needs of the companies active in the Pasargad Energy Development Holding to innovative and technological companies in the oil sector. These efforts provide the groundwork for future collaborations and the development of innovative activities in the energy field.

At the 12th International INOTEX 2023 Event Technological Needs Presented:
• Application of Artificial Intelligence in Predicting and Resolving Challenges Related to Flow Assurance in Wells and Pipelines
• High-Density, Reservoir-Compatible Drilling Fluid with Minimal Solid Content for Drilling High-Pressure Reservoirs
• Collection of Sour Gas Associated with Oil for Electricity Generation in Small-Scale Mobile Generators
• Recovery and Treatment of Produced Water from Oil Wells and Water Discharged from Separators and Desalination Units
• Production of Drilling Cement Additives to Improve Cement Logging
• Development of a Solid-Free Well Completion Fluid with a Weight of 10.5 PCF or Higher
• Launching a Production Unit for MD-Type Geomembrane Sheets

Panels With a Focus on Optimizing Energy Consumption

Panel Descriptions:
1- Force and Propulsion Systems Research Laboratory Company
Focus:
Converting Heavy Refinery Waste (Mazut) into Clean and Valuable Synthetic Products with Higher Added Value

2- Pars Energy Systems Company
Focus:
Real-time Monitoring and Control of Heating and Cooling Equipment, and Air Conditioning Systems

3- Pishtazan Modiriat Sakht Arad Company (Arad Construction Management Pioneers Company)
Focus:

Comprehensive Automated Control System for Monitoring and Optimizing Energy Consumption Based on Building Information Modeling (BIM)

4- Namdar Manabe Tajdid Pazir Arsham Company (Arsham Renewable Resources Namdar Company)
Focus:
Heat Generation System Using Solar Concentration on a Focal Point (Solar Dish Device)

Progress and Innovation in the Energy Industry

First PITCH SESSION Event of
Technology and Innovation Management - 2024

Fifth Energic Matchmaking Event

Holding of the REVERSE PITCH Event on Technological Needs of PEDC in the 12th INOTEX 2023 International Event

Holding of the REVERSE PITCH Event on Technological Needs of PEDC in the 12th INOTEX 2023 International Event

Panels With a Focus on Optimizing Energy Consumption

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Progress and Innovation in the Energy Industry

First PITCH SESSION Event of Technology and Innovation Management - 2024

Fifth Energic Matchmaking Event

Holding of the REVERSE PITCH Event on Technological Needs of PEDC in the 12th INOTEX 2023 International Event

Holding of the REVERSE PITCH Event on Technological Needs of PEDC in the 12th INOTEX 2023 International Event

Panels With a Focus on Optimizing Energy Consumption

First PITCH SESSION Event of
Technology and Innovation Management - 2024