Sponsored by the Association of Petroleum Industry Engineering and Construction Companies, and organized by The Hague-based Creative Business Consultancy (CBS) Energy as organizer, it was run by Eduardo Pereira, attorney and international energy consultant, and adjunct professor of energy law.
The Tehran workshop was attended by law and contract managers of the companies in the field of oil and gas.
In oil and gas projects, the unique combination of expense and risk means that participant often share the burden by forming some form of joint venture. The JOA is the constitution form of the joint venture given the huge size of the investment.
The workshop comes in the wake of unveiling Iran Petroleum Contract (IPC) new models which seek joint ventures but stress ownership of the National Iranian Oil Company over the country’s oil and gas resources.
Your Comment