‘Floating’ Format for Iran’s New Post-Sanction Petroleum Contracts
Sunday, 26th April 2015
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 projects.
Iraq Reviewing Foreign Oil Contracts to Up State Share in Production
Wednesday, 4th March 2015
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.