Pars Pangan Company which is an affiliated incorporation to Petroleum Equipment Industries Company, was stablished in 1992 and It is the first and main Iranian company in design and manufacturing of ball
TOOS PAYVAND as subsidiary of Petroleum Equipment Industries Company was established in 1996 with production capacity of 3500 MT per year and as an Iranian leading manufacturer...
Tehran Sufa Company (TS) was established in 1999 with the aim of localization the process of manufacturing valves required in different fields specially Oil, Gas and Petrochemical Industries.
Wellhead Equipment Technology Co. (WETCO) was founded in July, 2001 as a joint venture by ABB. In July 2004, ABB sold its Oil & Gas business part to a financial consortium and this sale included ABB Vetco Gray as well.