As the owner of forth largest oil reserves in the world, the oil and gas industry historically has been considered as the most important industry in Iran. Based on practical experience in Iran oil industry , Lawvvy team are key advisers for Iranian and foreign companies on the most complex matters including:
Upstream oil and gas sector:
- Regulatory framework for the Iran oil and gas industry, including Iran petroleum Act 1987 as amended 2011
- Reviewing Buy back, Iran Petroleum Contract ( IPC) and Joint Operating Agreement(JOA)
Midstream and downstream oil and gas sector:
- Preparing and reviewing EPC contracts on variety of projects including, refinery, storage and offshore platforms.
- Preparing and reviewing drilling and well services agreements
- Preparing and reviewing oil rig sale agreement
- Preparing and reviewing sale and marketing agreements for petrochemical products
- Preparing and reviewing variety of maritime contracts in oil and gas operation like charter parties.
- Preparing and reviewing technology transfer agreements.
