Iran Welcomes Overseas Investment in Oil & Gas
Following the lifting of international sanctions, the 4th Iran Europe Oil & Gas Summit, taking place in November in Berlin is set to be the first Summit to reunite European companies with high-level Iranian delegation
Following the lifting of international sanctions, Iran has openly announced its willingness to welcome overseas investment. Companies such as Airbus, Rolls-Royce and Siemens are among the entities in talks with the country’s representatives to resume operations.
In this context, Iran is aggressively looking to regain its pre-2012 oil market status, aiming to double oil exports and open business to international operators, offering them longer-term mutually beneficial agreements and contracts. The 4th Iran Europe Oil & Gas Summit, taking place from 1-3 November in Berlin, is set to be the first Summit to reunite European companies with a high-level Iranian delegation to discuss onshore and offshore developments, downstream activities, and technological challenges investment opportunities, amongst many other topics.
As a new feature, this year’s edition includes a dedicated ‘Technology Stream’ that will address EOR, shale gas, offshore technology, drilling and reservoir optimisation technology, and well planning and construction. International companies such as Siemens have already confirmed their participation in leading some of these topical sessions.
The Summit, tailored for businesses who want to increase their understanding and secure sound knowledge around E&P and technological developments as well as answering all legal questions related to operating in Iran, will include important announcements, presentations, speeches, workshops, VIP speakers, a streamed conference, and a number of networking sessions that will allow all the attendees to meet each other and form new partnerships.
WHEN: November 1-3, 2016
WHERE: Berlin, Germany