About Us
Established in 1995, French based ICG Group comprises of a network of offices with over 150 experts in the Middle East and Europe and focuses on the Middle East and North African (MENA) region's petroleum industry. Based on ICG Group's in-depth knowledge, extensive range of experience and understanding of ...
Iran's Needed Investment in Upstream Oil & Gas Projects
In a bid to counter the effect of international sanctions against Iran and prove them as "ineffective" together with reaching required investment in order to reach the main goals of the 20-Year Outlook Plan (2005-2025) and the Five-Year Development plans, Iran has been awarding and negotiating over oil and gas development projects – especially in recent months. However, the once dominant European IOCs have not been immune from the sting of sanctions and have severely reduced their presence in Iran's petroleum market. This has opened the window of opportunity for the involvement of medium size companies in the upstream sector of the country – an issue which experts believe will result in delays in the completion of projects, thus distancing Iran from reaching pre-determined targets.
With the intention of clarifying all these ambiguities, ICG is proud to announce the completion of a new analytical report named "Iran's Needed Investment in Upstream Oil & Gas Projects" which reviews investment requirements in Iran's oil and gas sector in order for the country to reach predefined goals of various plans. The report reviews the awarded contracts and the commitments made by foreign companies in 19 ongoing oil and gas development projects as well as 7 exploration blocks (all of which will include general information including award date, predicted investment, contractual completion date & …). This reports also illustrates the affect major ongoing projects will have on the future oil and gas production of the country. It also demonstrates the progress of each project and to what extent companies involved in various projects are fulfilling their investment commitments and how it could affect Iran in reaching its targets.
Additionally, further analysis will be given on necessary investment for upstream projects undergoing negotiations together with additional needed investment to meet the goals of the Outlook Plan as well as the potential for foreign companies to invest in Iran's upstream oil and gas sector. This report also includes ICG's independent view of the completion date of ongoing projects together with the consequence they will have on Iran's investment portfolio as well as oil and gas production profile. All the above-mentioned will be backed by graphs clearly illustrating ICG's analysis and views.
Topics covered in "Iran's Needed Investment in Upstream Oil & Gas Projects" include:
Iran's plans for future oil and gas production
An overall view on ongoing and under negotiation upstream oil and gas projects
Breakdown of foreign investment commitment in Iran's oil and gas sector per country/company
Illustration of real investment made so far vs plans
ICG's prediction for completion date of ongoing projects
Reasons behind possible delays and how they will affect Iran's production/investment portfolio
Addition investment requirements for reaching Outlook Plan goals
Investment potential for foreign companies (projects on tender)
For further information on this report and ordering your copy, please do not hesitate to contact us at: consulting@icggroup.com
