South Azadegan on Iraq border will be first field offered Oil companies to be invited to submit technical documents Iran will invite international oil companies to submit bids in October under the long-awaited new contract model for energy investors, as the OPEC producer seeks billions of dollars to boost output after years of international sanctions. The government will invite companies to bid to develop the South Azadegan field on Iran’s southwestern border with Iraq during the week of Oct. 14-20, said Ali Kardor, managing director of the National Iranian Oil Co., according to state news agency IRNA. “We are calling for technical documents for a tender offer under the framework of the new oil contract model,” Kardor said. “We will begin sending letters to international oil companies to inform them of the relevant issues next week.” Iran’s cabinet approved the new oil and natural gas contract model on Aug. […]