OrganisationCurrently listed

Pedco

Listed by OFAC SDN (US), UK Sanctions List, EU Consolidated List, SECO (Switzerland)
Jersey, United Arab Emirates, Iran, United Kingdom
First listed 2025-09-29
9 aliases

List entries (4)

Raw record available under each Source badge

EU Consolidated ListActive listingID 178288

Source

Verified: copied from a structured field of an authoritative source

Source: EU Consolidated List
Retrieved: 2026-09-29
Source date: 2025-09-29
Extractor: eu-xml-parser

Raw evidence

<sanctionEntity designationDate="2025-09-29" designationDetails="" unitedNationId="" euReferenceNumber="EU.13541.15" logicalId="178288">
        <regulation regulationType="amendment" organisationType="council" publicationDate="2025-09-29" entryIntoForceDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" programme="IRN" logicalId="217751">
            <publicationUrl>https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980</publicationUrl>
        </regulation>
        <subjectType code="enterprise" classificationCode="E"/>
        <nameAlias firstName="" middleName="" lastName="" wholeName="PEDCO" function="" title="" nameLanguage="" strong="true" regulationLanguage="en" logicalId="179276">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </nameAlias>
        <nameAlias firstName="" middleName="" lastName="" wholeName="Petroiran Development Company Ltd" function="Petroiran Development Company Ltd. - PEDCO is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd - NICO, which is in turn a subsidiary of the National Iranian Oil Company - NIOC, which provides support to the Government of Iran. NIOC not only indirectly owns PEDCO, but also makes direct appointments to the company’s leadership." title="" nameLanguage="EN" strong="true" regulationLanguage="en" logicalId="178294">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </nameAlias>
        <address city="Tehran" street="No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street," poBox="19199/45111" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178289">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Tehran," street="No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue," poBox="" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178290">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Jersey;" street="The Parade, St. Helier" poBox="JE2 3QQ" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="GB" countryDescription="UNITED KINGDOM" regulationLanguage="en" logicalId="178291">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Tehran" street="41,1st Floor, International House," poBox="15875-6731" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="IR" countryDescription="IRAN (ISLAMIC REPUBLIC OF)" regulationLanguage="en" logicalId="178292">
            <regulationSummary regulationType="amendment" publicationDate="2025-09-29" numberTitle="2025/1980 (OJ L202501980)" publicationUrl="https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980"/>
        </address>
        <address city="Sharjah" street="Al Bathaa Tower,9th Floor, Apt. 905, Al Buhaira Corniche," poBox="2965" zipCode="" region="" place="" asAtListingTime="false" countryIso2Code="AE" countryDescription="UNITED ARAB EMIRATES" regul

Name on list: PEDCO
Programmes / regimes: IRN
Listed on: 2025-09-29
Last updated: 2025-09-29
Aliases: Petroiran Development Company Ltd
Countries: Iran, United Kingdom, United Arab Emirates
Addresses: No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street,, 19199/45111, Tehran, IRAN (ISLAMIC REPUBLIC OF)
No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue,, Tehran,, IRAN (ISLAMIC REPUBLIC OF)
The Parade, St. Helier, JE2 3QQ, Jersey;, UNITED KINGDOM
41,1st Floor, International House,, 15875-6731, Tehran, IRAN (ISLAMIC REPUBLIC OF)
Al Bathaa Tower,9th Floor, Apt. 905, Al Buhaira Corniche,, 2965, Sharjah, UNITED ARAB EMIRATES
Identifiers: EU reference: EU.13541.15
Legal act: 2025/1980 (OJ L202501980) – https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202501980

OFAC SDN (US)Active listingID 11641

Source

Verified: copied from a structured field of an authoritative source

Source: OFAC SDN (US)
Retrieved: 2026-09-29
Extractor: ofac-xml-parser

Raw evidence

<sdnEntry>
    <uid>11641</uid>
    <lastName>PETROIRAN DEVELOPMENT COMPANY (PEDCO) LIMITED</lastName>
    <sdnType>Entity</sdnType>
    <remarks>all offices worldwide</remarks>
    <programList>
      <program>IRAN</program>
    </programList>
    <idList>
      <id>
        <uid>6010</uid>
        <idType>Registration ID</idType>
        <idNumber>67493</idNumber>
        <idCountry>Jersey</idCountry>
      </id>
      <id>
        <uid>119016</uid>
        <idType>Additional Sanctions Information -</idType>
        <idNumber>Subject to Secondary Sanctions</idNumber>
      </id>
    </idList>
    <akaList>
      <aka>
        <uid>12356</uid>
        <type>a.k.a.</type>
        <category>weak</category>
        <lastName>PEDCO</lastName>
      </aka>
      <aka>
        <uid>12357</uid>
        <type>a.k.a.</type>
        <category>strong</category>
        <lastName>PETRO IRAN DEVELOPMENT COMPANY</lastName>
      </aka>
    </akaList>
    <addressList>
      <address>
        <uid>17500</uid>
        <address1>41, 1st Floor, International House</address1>
        <address2>The Parade</address2>
        <city>St. Helier</city>
        <postalCode>JE2 3QQ</postalCode>
        <country>Jersey</country>
      </address>
      <address>
        <uid>17501</uid>
        <address1>National Iranian Oil Company - PEDCO, P.O. Box 2965, Al Bathaa Tower, 9th Floor, Apt. 905, Al Buhaira Corniche</address1>
        <city>Sharjah</city>
        <country>United Arab Emirates</country>
      </address>
      <address>
        <uid>17502</uid>
        <address1>P.O. Box 15875-6731</address1>
        <city>Tehran</city>
        <country>Iran</country>
      </address>
      <address>
        <uid>17503</uid>
        <address1>No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue</address1>
        <city>Tehran</city>
        <country>Iran</country>
      </address>
      <address>
        <uid>17504</uid>
        <address1>No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street</address1>
        <city>Tehran</city>
        <postalCode>19199/45111</postalCode>
        <country>Iran</country>
      </address>
      <address>
        <uid>17505</uid>
        <address1>Kish Harbour, Bazargan Ferdos Warehouses</address1>
        <city>Kish Island</city>
        <country>Iran</country>
      </address>
    </addressList>
  </sdnEntry>

Name on list: PETROIRAN DEVELOPMENT COMPANY (PEDCO) LIMITED
Programmes / regimes: IRAN
Aliases: PEDCO · PETRO IRAN DEVELOPMENT COMPANY
Countries: Jersey, United Arab Emirates, Iran
Addresses: 41, 1st Floor, International House, The Parade, St. Helier, JE2 3QQ, Jersey
National Iranian Oil Company - PEDCO, P.O. Box 2965, Al Bathaa Tower, 9th Floor, Apt. 905, Al Buhaira Corniche, Sharjah, United Arab Emirates
P.O. Box 15875-6731, Tehran, Iran
No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue, Tehran, Iran
No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street, Tehran, 19199/45111, Iran
Identifiers: Registration ID: 67493
Remarks: all offices worldwide

SECO (Switzerland)Active listingID 100774

Source

Verified: copied from a structured field of an authoritative source

Source: SECO (Switzerland)
Retrieved: 2026-09-29
Source date: 2025-12-12
Extractor: seco-xml-parser

Raw evidence

<target ssid="100774"><sanctions-set-id>8174</sanctions-set-id><entity><identity ssid="100778" main="true"><name ssid="100784" name-type="primary-name" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>Petroiran Development Company (PEDCO) Ltd</value></name-part></name><name ssid="100785" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>PetroIran</value></name-part></name><name ssid="100786" name-type="alias" quality="good" lang="eng"><name-part order="1" name-part-type="whole-name"><value>“PEDCO”</value></name-part></name><address ssid="100779" place-id="100777" quality="good"><address-details>PEDCO, Al Bathaa Tower, 9th Floor, Apt. 905, Al Buhaira Corniche</address-details><p-o-box>2965</p-o-box></address><address ssid="100780" place-id="8322" quality="good"><p-o-box>15875-6731</p-o-box></address><address ssid="100781" place-id="23176" quality="good"><address-details>41,1st Floor, International House, The Parade</address-details><zip-code>JE2 3QQ</zip-code></address><address ssid="100782" place-id="8322" quality="good"><address-details>No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue</address-details></address><address ssid="100783" place-id="8322" quality="good"><address-details>No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street</address-details><zip-code>19199/45111</zip-code></address></identity><justification ssid="100775">Petroiran Development Company Ltd. (PEDCO) is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd (NICO), which is in turn a subsidiary of the National Iranian Oil Company (NIOC), which provides support to the Government of Iran. NIOC not only indirectly owns PEDCO, but also makes direct appointments to the company’s leadership. PEDCO is a production and exploration company responsible for developing oil and gas fields. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC.</justification><justification ssid="100776">Therefore, PEDCO is owned or controlled by an entity that provides support to the Government of Iran.</justification></entity><modification modification-type="listed" enactment-date="2025-12-12" publication-date="2025-12-12" effective-date="2025-12-12"/></target>

Name on list: Petroiran Development Company (PEDCO) Ltd
Programmes / regimes: Iran
Listed on: 2025-12-12
Last updated: 2025-12-12
Aliases: PetroIran · “PEDCO”
Countries: United Arab Emirates, Iran, Jersey
Addresses: PEDCO, Al Bathaa Tower, 9th Floor, Apt. 905, Al Buhaira Corniche, 2965, Sharjah, Sharjah, United Arab Emirates
15875-6731, Tehran, Iran
41,1st Floor, International House, The Parade, JE2 3QQ, St. Helier, Jersey
No. 22, 7th Lane, Khalid Eslamboli Street, Shahid Beheshti Avenue, Tehran, Iran
No. 102, Next to Shahid Amir Soheil Tabrizian Alley, Shahid Dastgerdi (Ex Zafar) Street, Shariati Street, 19199/45111, Tehran, Iran
Remarks: Petroiran Development Company Ltd. (PEDCO) is a wholly-owned subsidiary of Naftiran Intertrade Company Ltd (NICO), which is in turn a subsidiary of the National Iranian Oil Company (NIOC), which provides support to the Government of Iran. NIOC not only indirectly owns PEDCO, but also makes direct appointments to the company’s leadership. PEDCO is a production and exploration company responsible for developing oil and gas fields. The revenue generated by NIOC’s oil sales plays a significant role in funding Iran’s military and the IRGC. Therefore, PEDCO is owned or controlled by an entity that provides support to the Government of Iran.

UK Sanctions ListActive listingID INU0333

Source

Verified: copied from a structured field of an authoritative source

Source: UK Sanctions List
Retrieved: 2026-09-29
Source date: 2025-09-29
Extractor: uk-xml-parser

Raw evidence

<Designation>
    <LastUpdated>29/09/2025</LastUpdated>
    <DateDesignated>29/09/2025</DateDesignated>
    <UniqueID>INU0333</UniqueID>
    <OFSIGroupID>12792</OFSIGroupID>
    <Names>
      <Name>
        <Name6>PETROIRAN DEVELOPMENT COMPANY (PEDCO) LIMITED </Name6>
        <NameType>Primary Name</NameType>
      </Name>
      <Name>
        <Name6>PEDCO </Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>Petroiran </Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>Petroiran Development Company</Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
      <Name>
        <Name6>Petroiran Development Group  </Name6>
        <NameType>Primary Name Variation</NameType>
      </Name>
    </Names>
    <NonLatinNames>
      <NonLatinName>
        <NameNonLatinScript>شرکت توسعه پتروایران (شرکت پتروایران) </NameNonLatinScript>
        <NonLatinScriptLanguage>Persian</NonLatinScriptLanguage>
      </NonLatinName>
    </NonLatinNames>
    <RegimeName>The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019</RegimeName>
    <IndividualEntityShip>Entity</IndividualEntityShip>
    <DesignationSource>UK</DesignationSource>
    <SanctionsImposed>Asset freeze|Director Disqualification Sanction</SanctionsImposed>
    <SanctionsImposedIndicators>
      <AssetFreeze>true</AssetFreeze>
      <ArmsEmbargo>false</ArmsEmbargo>
      <TargetedArmsEmbargo>false</TargetedArmsEmbargo>
      <CharteringOfShips>false</CharteringOfShips>
      <ClosureOfRepresentativeOffices>false</ClosureOfRepresentativeOffices>
      <CrewServicingOfShipsAndAircraft>false</CrewServicingOfShipsAndAircraft>
      <Deflag>false</Deflag>
      <PreventionOfBusinessArrangements>false</PreventionOfBusinessArrangements>
      <ProhibitionOfPortEntry>false</ProhibitionOfPortEntry>
      <TravelBan>false</TravelBan>
      <PreventionOfCharteringOfShips>false</PreventionOfCharteringOfShips>
      <PreventionOfCharteringOfShipsAndAircraft>false</PreventionOfCharteringOfShipsAndAircraft>
      <TechnicalAssistanceRelatedToAircraft>false</TechnicalAssistanceRelatedToAircraft>
      <TrustServicesSanctions>false</TrustServicesSanctions>
      <DirectorDisqualificationSanction>true</DirectorDisqualificationSanction>
    </SanctionsImposedIndicators>
    <UKStatementofReasons>
Petroiran Development Company (PEDCO) Limited is an involved person under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 on the basis of the following ground: Petroiran Development Company (PEDCO) Limited is or has been providing financial services, or making available funds or economic resources, that could contribute to a relevant nuclear activity, namely the proliferation or development of nuclear weapons in, or for use in, Iran; an activity that could lead to the development of nuclear weapons in, or for use in, Iran; and the development of a nuclear weapon delivery system in, or for use in, Iran. 
</UKStatementofReasons>
    <Addresses>
      <Address>
        <AddressLine1>41 No. 20</AddressLine1>
        <AddressLine2>Tabrizian St</AddressLine2>
        <AddressLine3>Dastgerdi (Zafar) St</AddressLine3>
        <AddressLine4>Shariati Ave</AddressLine4>
        <AddressLine6>Tehran</AddressLine6>
        <AddressCountry>Iran</AddressCountry>
      </Address>
    </Addresses>
    <Websites>
      <Website>https://www.petroiran.com/en/  </Website>
    </Websites>
    <EmailAddresses>
      <EmailAddress>info@petroiran.com  </EmailAddress>
    </EmailAddresses>
  </Designation>

Name on list: PETROIRAN DEVELOPMENT COMPANY (PEDCO) LIMITED
Programmes / regimes: Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019
Listed on: 2025-09-29
Last updated: 2025-09-29
Aliases: PEDCO · Petroiran · Petroiran Development Company · Petroiran Development Group · شرکت توسعه پتروایران (شرکت پتروایران)
Countries: Iran
Addresses: 41 No. 20, Tabrizian St, Dastgerdi (Zafar) St, Shariati Ave, Tehran, Iran
Identifiers: OFSI group ID: 12792
Remarks: Petroiran Development Company (PEDCO) Limited is an involved person under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 on the basis of the following ground: Petroiran Development Company (PEDCO) Limited is or has been providing financial services, or making available funds or economic resources, that could contribute to a relevant nuclear activity, namely the proliferation or development of nuclear weapons in, or for use in, Iran; an activity that could lead to the development of nuclear weapons in, or for use in, Iran; and the development of a nuclear weapon delivery system in, or for use in, Iran. Sanctions imposed: Asset freeze|Director Disqualification Sanction

Linked parties & vessels (0)

No linked parties recorded on the lists.

Timeline

No list changes detected since monitoring began.

About these lists

OFAC Specially Designated Nationals (SDN) List (U.S. Department of the Treasury – OFAC): U.S. blocking sanctions on individuals, entities and vessels. Official page.

UK Sanctions List (UK Foreign, Commonwealth & Development Office): UK financial, trade and shipping sanctions designations, including specified ships. Official page.

EU Consolidated Financial Sanctions List (European Commission (DG FISMA)): Persons, groups and entities subject to EU financial sanctions, with legal acts. Official page.

Swiss SECO Sanctions List (State Secretariat for Economic Affairs SECO): Persons, entities and objects subject to Swiss sanctions under the Embargo Act. Official page.

Inclusion on a list is an administrative designation, not a criminal conviction. Designations can be challenged and are periodically reviewed; entries marked “no longer listed” have been removed from the respective list. The legal effect of a listing depends on the jurisdiction and the programme concerned.

Compiled automatically from official public sources. Name similarity is not identity; nothing here is a legal determination or allegation of wrongdoing. Verify against the linked official source before relying on any information.