Welcome to World Upstream Series (Iran) Summit 2017, which will be held on May 9-10, in Tehran, Iran.
Volatility in oil markets has led players in the upstream oil and gas industry to focus more on reducing capital spend and operating costs. Meanwhile, governments need to review regulations especially the fiscal terms to maintain attractiveness and investment.
Iran possesses the world's fourth largest crude oil reserves and the world's largest gas reserves. After the lifting of international sanctions, Iran has enforced its ambitious plans to significantly increase supplies of both oil and gas, but this has been curtailed by chronic under-investment in its upstream industry and petroleum infrastructure. External investment has been constrained for many years by the sanctions, and IOCs have also been discouraged by the severity and inflexibility of former buy-back contract. In December of 2015, the Iranian government introduced a new oil contract, Iran Petroleum Contract, as well as 18 E&P blocks and 52 upstream projects. During 2016, the IPC has been finalized, NIOC's pre-qualification of first tendering round has began and Iran has been exempted from OPEC's deal about reducing output and allowed a small rise in crude production from current levels. Supported by positive policy and regulation, Iran has showed great determination of cooperating with international players and marvelous opportunities are emerging simultaneously.
Therefore, the conference in Tehran, Iran, will offer you a comprehensive coverage of the upstream oil & gas industry status and prospects as well as new explorations and ongoing project updates in Iran. Meanwhile, for those who are keen to find new investment or other business opportunities in Iranian market, this two-day conference will provide you with good access to the latest information, and a platform to meet important Iranian and international players.
I am looking forward to meeting you in Tehran!
World Upstream Series (Iran) Summit 2017
Session 1 Iran Upstream Oil & Gas Industry: Current Status and Prospects
Session 2 Iran Petroleum Contract (IPC): Legal Framework, Fiscal Terms and Local Content
Session 3 Financing, Monetization and Banking Issues in Iran Upstream Industry
Session 4 Project Management in Upstream Oil & Gas Industry
Session 5 New Era for Iran’s Upstream Industry - Projects on Offer
Session 6 Upstream Supply Chain Considerations: Alliance, Localization and Technology Transfer
Session 7 Advanced Innovations and Technologies in Upstream Oil & Gas Industry
WUSIS 2017 will offer you a comprehensive coverage of the upstream oil & gas industry status and prospects as well as new explorations and ongoing project updates in Iran. Meanwhile, for who are keen to find new investment or other business opportunities in Iranian market, WUSIS 2017 will provide you with good access to the latest information, and a platform to meet important Iranian and international players. The event brochure will show you the details including presentation speakers and topics, sponsor package, etc.