Petroleum upstream sector in Iran – Part 2 In the second part of this article, we will delve into the concept of petroleum upstream contracts being considered as governmental contracts. Additionally, we will explore the potential for foreign investment in this sector and analyze the approved contracts within it. Petroleum upstream contracts as governmental…
Petroleum upstream sector in Iran – Part 1 In this comprehensive article, we will delve into the Petroleum contracts in the upstream sector, dividing our analysis into two distinct parts. In the first part, we will explore the nature of these contracts, examining whether they can be classified as treaties or international contracts. Additionally, we…
Types of Upstream Petroleum Contracts in Iran As one of the most outstanding players in the market of energy, Iran has developed a new school of contractual model to accommodate the pace of modern legal innovations. More controversial, upstream oil and gas industries have been regulated as to attract foreign investment as much as possible.…
Incorporation of petroleum companies in Iran for foreigners Incorporation of petroleum companies in Iran for foreigners is quite feasible and straightforward. If you are interested in upstream industries in the oil and gas fields, you have to get the special permit from the Ministry of Petroleum. Petroleum companies in Iran are required to take the…