iran operatorship possble options (1)
Post on 09-Feb-2017
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Operatorship Possible Options Flow Chart
Exploration
IOC
JECO (Joint Exploration Co)
Development
Joint DevelopmentCompany (JODCO)
or NIOC option
Joint Operating (JOPCO)
• IOC in JECO shall be responsible for All Risks, costs, in cases of failure
• NIOC/NIOC affiliate shall be only Technical Partner under leadership of the IOC
• IOC shall be responsible for: All Risks and Costs, and shall Lead the Operation
• IOC (NIOC affiliate/subsidiary) shall be Technical Partner under IOC
ProductionNIOC/NIOC affiliate, Supported by
IOC, Technically & Financially
or
or
or
JODCO
JODCO (only for running the field) +JODCO to support Technically &
Financially
IOR&EOR JODCO for technical & financial
Report Grid
JODCP (prod.operator)
End of Contract
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