Hatami & Associates Law Firm has advised one of the renowned international oil companies; Petroliam Nasional Berhad (PETRONAS) as to carrying out business in Iran. The Client has received legal consultancy on EPC and other upstream/downstream frameworks of agreements, Iran Petroleum Contract (IPC), concluding oilfield service arrangements, new reserve-based contracting arrangements, full range of agreements with contractors and third parties, gas-to-liquids facilities and marine transportation, protecting intellectual property, dispute resolutions, and on the applicable Iran laws and regulations related to the matter and their compliance. Our erudite lawyers have also provided perceptive comments and marks-up on all provisions of the Client's agreements and its contractual relationship with the National Iranian Oil Company (NIOC).

Simultaneously with introducing Iran's new format of oil & gas contract for attracting foreign investment and since PETRONAS is among the selected oil companies by NIOC for bidding in oil and gas tenders using IPC, the Firm provided legal advice on the Client's queries and requests related to the tenders' procedure and the implementation and different aspects of IPC.

In addition to the above, Hatami & Associates is providing legal services as to the imposed VAT on the Client's Branch office in Iran by engaging its proficient lawyers and tax experts, and is defending the Client with regards to the awards and claims made by the Social Security Organization of Iran against the Branch.