Iran Petroleum Contract and New E&P Opportunities in Iran

Following the news of a positive conclusion to negotiations in Vienna between Iran and the P5+1 group of countries, international oil companies are once again expected to turn their attention towards E&P opportunites in Iran just as soon as sanctions are fully lifted.

The Iranian Ministry of Petroleum, together with the National Iranian Oil Company (NIOC), has already devised a new set of terms for encouraging investment from foreign companies, in a new format being presented to industry called the Iran Petroleum Contract (IPC).

40+ field development projects have already been marked for investment as part of the IPC: The map beneath provides a snapshot of these project areas.

NIOC priority projects 1&2

Lynx offers a comprehensive Exploration Adviser GIS dataset for Iran with an associated Hydrocarbon Evaluation report, combining results from historic seismic and drilling programmes with interpreted maps, field data, and summary field sheets with coverage over these IPC project areas. Please contact us for further details.

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