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Wellhead Equipment Technology Co. (WETCO) was founded in July, 2001 in Tehran ,capital of Iran as a joint venture by ABB. ABB and WETCO both hold interests in the company which has developed the plant at Shams Abad industrial zone, 45 Km South of Tehran to produce a range of equipment including Surface Wellheads, Xmas Trees and Gate Valves. In July 2004, ABB sold its Oil & Gas business part to a financial consortium and this sale included ABB Vetco Gray as well. This division was named Vetco Gray
Wetco operates in the Oil and gas industry.
Wetco's revenue is 11m - 100m
Wetco has 51 - 200 employees.
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