After nearly four decades, the National Iranian Oil Company (NIOC) introduced a new upstream contractual framework in 2016. The Iran Petroleum Contract was introduced in response to deficiencies in the previous risk service contract – called the Buyback contract – and in order to attract foreign investment into the country's petroleum industry. The general terms and conditions of this type of upstream contract were approved by the Board of Ministers in 2016, based on which a 20-year contract for the development and production of Phase 11 of the South Pars gas field in the Persian Gulf was concluded in 2017 between NIOC and a consortium consisting of Total, CNPCI and Petropars as contractor. The main objective of this article is to assess the new upstream contract through a detailed examination of its regulatory aspirations and its underlying legislative presumptions.

中文翻译：

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通过伊朗石油合同（IPC）勘探，开发和生产伊朗的油田和储层

经过近四十年的发展，伊朗国家石油公司（NIOC）在2016年引入了新的上游合同框架。伊朗石油合同的推出是为了应对之前的风险服务合同（称为回购合同）的不足，并且是为了吸引外国人对该国石油行业的投资。此类上游合同的一般条款和条件已于2016年获得部长理事会的批准，在此基础上，波斯尼亚南部Pars气田11期开发和生产的20年合同于2011年签订。 2017年，NIOC与由道达尔，CNPCI和Petropars组成的财团签约。