new contract model | Egypt Oil & Gas

Iran to Sign Oil Deals Worth $25b

Iran expects foreign oil companies to sign deals valued at $25b over the next one to two years under the terms of a new contract model, Bloomberg reported. According to World Oil, NIOC has identified 34 foreign compan...

Iran’s Long Awaited London Conference Postponed

Iran has postponed a long-awaited oil conference in London meant to invite investment from foreign companies by introduce a new contract model that is designed to offer foreign oil companies more favorable terms, in a...

Iran’s Cabinet Approves “Draft” of New Model Petroleum Contract

Iran’s cabinet has approved a draft of the yet to be released international oil and gas contract model, reported Reuters, citing the Oil Ministry’s Shana news agency on Wednesday. No details were given, ho...

Iran Drawing in French Oil and Non-Oil Investments

Rokneddin Javadi, Iran’s deputy petroleum minister, announced that Tehran welcomes expansion of energy cooperation with the French oil giant Total, reported Press TV. “National Iranian Oil Company welcomes expansion o...

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