Iran Oil Contract Law to be Unveiled as Foreign Investors Pour In

• Sunday, 9th August 2015
• by Egypt Oil & Gas

Iran’s Minister of Petroleum Bijan Zangeneh announced that his country will introduce its new oil contracts to a London conference planned for December, reported Press TV. “New contracts with foreign companies will be...

‘Floating’ Format for Iran’s New Post-Sanction Petroleum Contracts

• Sunday, 26th April 2015
• by Egypt Oil & Gas

Iran said on Saturday that the terms of its new format of oil contracts – that will be unveiled in London in September – will vary according to the structure of the reservoirs and the risk involved in implementing the...

Iraq Reviewing Foreign Oil Contracts to Up State Share in Production

• Wednesday, 4th March 2015
• by Egypt Oil & Gas

Iraq has said that it is reviewing its oil production agreements with international firms because falling crude prices meant that the financial cost of existing service contracts were too high to bear. Oil Minister Ad...

Libya to Revisit Oil Contracts

• Monday, 9th January 2012
• by Egypt Oil & Gas

Some of Libya’s oil contracts will be reviewed by the country’s new government, former interim prime minister Ali Tarhouni said Thursday, putting scores of foreign firms on notice. During a visit to Washin...