A new era for Iran's upstream industry: projects on offer
In late 2015, the National Iranian Oil Company (NIOC) offered 49 upstream development projects and 17 exploration blocks to local and foreign investment under the Iran Petroleum Contract (IPC), the country’s new fiscal regime. The NIOC hopes that the IPC will be able to attract much of the required investment from international oil companies. Wood Mackenzie will publish a series of slide packs looking at Iran’s oil and gas opening, and full return to international markets. This slide pack covers the projects on offer and is the first in a series of three.