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Invoice Petroleum Engineer in Iran Tehran –Free Word Template Download with AI

Specialized Petroleum Engineering Consultancy

No. 42, Valiasr Street, Niavaran District

Tehran, Iran

Tel: +98 21 2200 5500 | Email: [email protected]

National ID: 10104589233 | Tax ID: 41100000000000

Invoice Number: INV-IR-2023-0892 Date of Issue: October 24, 2023 Due Date: November 24, 2023 Project Reference: TEHRAN-OIL-FIELD-EXP-04

Billed To (Client)

National Iranian Oil Company (NIOC) - Exploration Division

Attn: Procurement Department

Shahrak-e Gharb, Tehran, Iran

Contact: Mr. Ali Rezaei

Email: [email protected]

Service Provider

PetroTech Engineering Solutions

Represented by: Dr. Sarah Ahmadi, Lead Petroleum Engineer

License No: PE-IR-8821

Bank: Bank Melli Iran

Account No: 6104-3388-9900-1122

Project Scope and Technical Description

This Invoice serves as a formal request for payment regarding the comprehensive petroleum engineering services rendered by PetroTech Engineering Solutions to the National Iranian Oil Company. The services were executed strictly within the jurisdiction of Tehran, Iran, adhering to the highest international standards of reservoir management and drilling optimization.

The scope of work involved a detailed reservoir simulation study for the designated exploration block in the Tehran province vicinity. Our team of senior Petroleum Engineers conducted a rigorous analysis of subsurface data, including seismic interpretation, well log analysis, and core sample evaluation. The objective was to optimize the recovery factor of the existing hydrocarbon reserves while minimizing environmental impact. This project required extensive field visits to the Tehran headquarters for data synchronization and strategic planning meetings with the client's technical committee.

Furthermore, the services included the design of an enhanced oil recovery (EOR) strategy tailored to the specific geological characteristics of the Iranian oil fields. The engineering team utilized advanced numerical modeling software to predict fluid flow dynamics and pressure maintenance requirements. All deliverables, including technical reports, simulation models, and feasibility studies, have been submitted to the client in Tehran and approved by the relevant authorities. This Invoice reflects the professional expertise, technical resources, and time invested by our Petroleum Engineers to ensure the success of this critical energy project in Iran.

# Description of Services Quantity / Hours Unit Price (IRR) Total Amount (IRR)
1 Reservoir Characterization and Static Modeling by Senior Petroleum Engineer 120 Hours 5,000,000 600,000,000
2 Dynamic Simulation and History Matching Analysis 80 Hours 5,500,000 440,000,000
3 Enhanced Oil Recovery (EOR) Strategy Design and Feasibility Study 1 Unit 350,000,000 350,000,000
4 Well Performance Analysis and Production Optimization Recommendations 60 Hours 4,500,000 270,000,000
5 Technical Reporting and Presentation to NIOC Management in Tehran 1 Unit 100,000,000 100,000,000
6 Software Licensing Fees for Reservoir Simulation Tools 3 Months 50,000,000 150,000,000
Subtotal: 1,910,000,000 IRR Value Added Tax (VAT) - 9%: 171,900,000 IRR Withholding Tax (if applicable): 0 IRR Total Due: 2,081,900,000 IRR

Amount in words: Two Billion, Eighty-One Million, Nine Hundred Thousand Iranian Rials.

Payment Terms and Instructions

  • Currency: All amounts are denominated in Iranian Rials (IRR).
  • Due Date: Payment is due within 30 days from the date of this Invoice.
  • Bank Transfer: Please transfer funds to Bank Melli Iran, Branch: Valiasr, Tehran.
  • Account Title: PetroTech Engineering Solutions Co.
  • IBAN: IR600140000000000000112233
  • Reference: Please use Invoice Number INV-IR-2023-0892 as the payment reference.
  • Late Payment: A late fee of 2% per month will be applied to overdue balances in accordance with Iranian commercial law.
Company Stamp Authorized Signature
PetroTech Engineering Solutions
Client Stamp Received By
National Iranian Oil Company (NIOC)

Thank you for your business. PetroTech Engineering Solutions is committed to advancing petroleum engineering excellence in Iran.

This is a computer-generated Invoice and does not require a physical signature if transmitted electronically via secure channels.

© 2023 PetroTech Engineering Solutions. All Rights Reserved. Tehran, Iran.

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