Background and Aim: The foreign investor plays an important role in carrying out upstream oil and gas activities, and Production Sharing Contracts of Kurdistan region of Iraq have had an important effect on attracting foreign investors in that region, the purpose of this research is to investigate the interests of the parties and the attractiveness of the said regional contracts.
Materials and Methods: This article is descriptive-analytical and the information is collected in a library form by referring to books, articles and contracts.
Ethical considerations: In this paper, the originality of the texts, honesty, and trustworthiness have been observed.
Findings: Sharing Contracts concluded in the said region, In addition to maintaining national sovereignty and ownership, it meets the needs of that region for capital and technology, And it has caused the development of oil and gas fields in that region and also has significant benefits for international oil companies, and so-called win-win contracts.
Conclusion: Production Sharing contracts concluded in the Iraqi Kurdistan region are one of the important reasons for attracting foreign investment and developing the oil and gas fields of that region. The host government has important interests in the Sharing contracts of the Kurdistan Region of Iraq, such as oil ownership, supervision and management, proprietary interest, Royalty, income tax and ownership of equipment and assets, and international oil companies also have important interests, including the exclusive right of exploration. They have hydrocarbon resources and ownership over a predetermined share of oil and gas produced in the field.