About Master Energy Co.
Master Energy Company in joint with Scotia Engineering Co., Ltd. of Scotland is pleased to provide full-ranges of Services to the Oil and Gas industries in Iran. This well established Company based in the Salmanshahr Industrial Zone of Salmanshahr, Mazandaran Province, Caspian Sea Region benefits well-experienced engineers and expertise to provide customers with Material and Equipment Procurement, Fishing and Milling, Remedial Operations, and a comprehensive engineering and manufacturing services including the design, development, manufacture, maintenance and refurbishment of equipment used in oil and gas exploration and production; particularly, Down Hole Completions Systems as well as Wellhead and Surface Pressure Control Equipment.

We strongly believe in growth through providing well services to our esteemed customers in Oil and Gas Companies in Iran. The Policy Statements of the Master Energy are continually reviewed and amended to ensure they remain aligned to the strategic direction and organizational goals of the company.

Our partner, Scotia Engineering Services has internationally been recognized as the market leader in delivering innovative and multipurpose engineering solutions to the Oil and Gas industry for the past 23 years. The Company provides a comprehensive precision engineering and manufacturing service which includes design, development, maintenance and refurbishment of equipments used in Oil and Gas exploration and production.

Master Energy serves Oil & Gas industry in cooperation with Scotia Engineering Co., Ltd. of Scotland, UK

www.scotiaengineering.com
Organizational Goals
1- To maintain a sustainable and satisfactory services to the Oil and Gas industry;
2- To develop professional and dedicated workforces through enforcement of working policies, discipline instructions, and      continuous trainings;
3- To utilize core competencies and capabilities of the company to invest in new products and services;
4- To comply with all relevant legislation and up-to-date industry practices;
5- To monitor the implementation of the Management System and measuring the achievement of quality, health, safety and      environmental protection goals. Every attempt is made to ensure the quality assurance of all manufacturing items and      services rendered through predefined policies by the qualified personnel.
BENEFITS
1. The establishment of Master Energy North Co.(BENCO) in Iran will create a domestic competitor to     companies such as Baker, Cooper Cameron, ABB VetcoGray, Haliburton/Otis and Camco.
2. Reliance on American and international suppliers will be reduced.
3. Manufacture of high quality oil tools and spares in Iran will ensure continuity of supply and
    avilability, removing delays due to external customs or political situations.
4. Scotia tools have been designed and developed using ISO9001 procedures, and most have been
    subject to third party accreditation by Lloyds and DNV. The tools have also been proven in service
    by clients internationally.
5. Competitiveness will be maintained by keeping an engineering and sales office in the United
    Kingdom. This will be in     addition to the engineering and sales team in Iran.
6. BENCO will be an Iranian company with Iranian suppliers, creating value in the supply chain by
    working with suppliers to optimize quality, delivery, etc. to international standards.
7. Employment will be created in Iran, while also reducing foreign expenditure and potentially creating
    a source of foreign currency through the export of oil tools from Iran.
8. Although there will be an Engineering and Sales office in the United Kingdom,it is envisaged that
    the majority of the Engineering and Sales activity will take place in Iran.
    By accessing the Intellectual property of Scotia Engineering, BENCO benefits from significant
    savings in Research and Development.Proven designs are available, and the tools are ready to be
    manufactured.In addition, spares and samples are available now.
Engineering, Manufacture and Sales
1- BENCO will have access to full IPR owned by Scotia plus work in progress and Stock to enable efficient production of     equipment to international quality standards of Scotia’s unique, patented and proven oil tools.
2- While a complete production facility will be established in Iran, in order to ensure that BENCO continues to offer products     which are best in class, the Scotia Engineering Ltd. will maintain an engineering, technical support and Sales office in the     United Kingdom.
    This will enable developments in material and design to be assessed and implemented when appropriate.
3- The establishment of a company in Iran to manufacture and market Scotia designed equipment and to carry out research     and development will ensure that Iran has a domestic source of highest quality oil tools, spares and service well into the     future.
Our customers
• ABB VETCO GRAY UK LIMITED
• AGIP(UK)LIMITED
• AMERADA HESS LIMITED
• AMOCO UK EXPLORATION COMPANY
• ARABIAN GULF OIL CO. LTD
• ATLAS WIELINE SERVICES
• AVA
• BAKER HUGHES CONTROL
• BJ SERVICES CO UK LTD
• BP EXPLORATION OPERATION CO
• COOPER/CAMERON
• CAMCO LIMITED
• CANSCO EQUIPMENT & RENTALS LTD
• CENTRILIFT LIMITED(A BAKER HUGHES COMPANY)
• CHEVRON UK LIMITED
• CONOCO UK LIMITED
• DRILEX SYSTEMS LIMITED
• ELF ENTERPRISE CALEDONIA LTD
• ENTERPRISE ENG SERVICES LIMITED
• EXPRO
• CORPORATION UK LIMITED
• FLOW CONTROL TECH SCOTLAND
• FORMAC DRILLING
• FRANKS INTERNATIONAL LIMITED
• GEODATA LIMITED
• GEOSERVICES (WORLD WIDE)
• GLOBAL MARINE DRILLING COMPANY
• HALLIBURTON MANUFACTURING SERVICES LIMITED
• HAMILTON OIL COMPANY LIMITED
• INGRAM CACTUS
• JHN OIL OPERATING COMPANY
• DRILLING LIMITED
• KUWAIT OIL COMPANY
• LINDSEY ARROW COMLETION SYSTEMS
• LOFFLAND NABORS UK LIMITED
• MARATHON INT'L PETROLEUM(MIP GB)LIMITED
• MH KOOMEY(MARITIME HYDRAULICS)NORWAY
• MOBIL NORTH SEA LIMITED
• NATIONAL OIL WELL(UK)LIMITED
• NEDDRIL UK LIMITED
• NL SCHAEFER
• NOBLE DRILLING(UK) LIMITED
• NODECO LIMITED
• CEANEERING INT'L SERVICES LTD
• R&m ENGINEERING
• RAMCO ALNAS
• RAY OIL TOOL COMPANY LIMITED
• REDA PUMP COMPANY(U.K. AND INTERNATIONAL)
• REDPATH ENGINEERING
• SCHLUMBERGER EXPLORATION AND RESERVOR SERVICES(WORLD WIDE)
• SEDCO FOREX DRILLING SERVICES LTD.
• SHELL UK EXPLORATION & PRODUCTION
• SMEDVIG LIMITED
• SMITH INTERNATIONAL(NORTH SEA)LTD
• SONAT OFFSHORE(UK)INC
• SOVEREIGN OIL AND GAS PLC
• STENA OFFSHORE LIMITED
• SUN OIL BRITAIN LIMITED
• TEXACO NORTH SEA UK COMPANY
• TOTAL OIL MARINE PLC
• TRANSOCEAN SERVICES
• VOLKER STEVIN OFFSHORE(UK)LIMITED

   and...