Sunday, November 15, 2015
New contracts models
A) Contractual Regime of Iran Oil and Gas Industry from Past to Present
Going back to the contractual regime of Iran throughout the past, Iran oil and gas industry through more than 100 years has experienced various types of international petroleum contracts while working with international oil companies (IOCs) and oil services companies (OSCs)
As the world industry is well acquainted with Iran oil and gas industry, Iran Petroleum industry commenced its petroleum contracts with the concession agreement signed with the Anglo Persian Oil Company – later the Anglo Iranian Oil Company (AIOC), the forerunner to BP– around 100 years ago.