Iran in September will send out invitations to energy companies to vet interest in the first contracts in the post-sanctions area, a director said Tuesday. Iranian Oil Minister Bijan Zangeneh introduced revised terms of a new contract model for oil companies looking to re-enter the country after years of sanctions pressure. The terms should be finalized by the end of the year, though officials in Tehran have touted the opportunity as very flexible. Ali Kardor, the managing director of the National Iranian Oil Co., said Tuesday foreign bidders were […]