Alireza Taghipour
Abstract
With the change in policy by the Iranian Ministry of Petroleum in 2017 to outsource the operation and maintenance of oil and gas units to the private sector, the O&M outsourcing contract framework has drawn more attention than ever.This study first explores the current state of O&M contracts, ...
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With the change in policy by the Iranian Ministry of Petroleum in 2017 to outsource the operation and maintenance of oil and gas units to the private sector, the O&M outsourcing contract framework has drawn more attention than ever.This study first explores the current state of O&M contracts, in conjunction with the laws and regulations, and wraps up that the Ministry of Petroleum has an inherent duty to comprehensively outsourcing these operations to the private sector. The next step points out that the vast majority of Operation contracts, which are always claimed as O&M contracts, are basically manpower contracts.The next step is to categorise these contracts into two categories: independent and integrated. This study divided independent categories into seven categories: manpower, inspection, packaging, KPI packaging, hybrid, and full coverage. In opposed to the current method of making independent O&M contracts in the oil and gas industry, the results showed that optimal O&M outsourcing takes place through integrated contracts in which the operation is a partial part of that contract.Furthermore, a review of the framework of integrated upstream contracts, particularly the Iranian Upstream Petroleum Contract (IPC), and some types of integrated downstream contracts, such as the EPC+O&M and the FIDIC DBO model, conclusively demonstrates that "Build Operation and Transfer" and "Rehabilitate, Operate, Transfer" contracts are one of the most effective methods of outsourcing these operations.
Mostafa Salimifar; Alireza Ghadimi
Abstract
Utilizing modern financing methods have been focused by governments either for low public budgets or for higher cost productivity of private sector. The financing method of Build-Operate-Transfer (BOT) is one of the most applicable methods for participation of private and public sectors. This paper examines ...
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Utilizing modern financing methods have been focused by governments either for low public budgets or for higher cost productivity of private sector. The financing method of Build-Operate-Transfer (BOT) is one of the most applicable methods for participation of private and public sectors. This paper examines two price determination methods in Iranian electric industry and compares them. Two pricing methods are compared in this paper: 1) two parts pricing (i.e. one part of price is extended and one part of price is non-extended during the operation period of the project) and 2) one part pricing (i.e. totally extended pricing during the operation period of the project). The results show that applying either model depends on policies of government against deregulation of prices.
