Companies

Project activities continue at offshore and onshore sites including the Sangachal Terminal and along the pipeline route.

The Norwegian government supports R&.D with financial incentives.

Total became the first Western oil major to sign an agreement with Iran to develop phase 11 of Iran'.s South Pars.

Statoil’s plan to profit by creating an artificial settlement price for Statoil’s financial and physical propane positions did not materialize as hoped.

In 2015. PDVSA sought to sell Citgo but was unable to find a buyer.

Gazprom warned investors last month that the sanctions may result in delays.

Major new projects such as Suzun and Messoyakhaneftegaz are being developed ``fully in line`` with the plan the company said in a statement.

The heads of BP and Total spoke at Adipec about the need to buck trends and invest in tough times.

Iran and the Group 5+1 reached the 159-page nuclear agreement in July 2015 and implemented it in January 2016.

It is expected to become the biggest power station in Bangladesh behind the 2.4GW Rooppur Nuclear Power Plant which is being built in Pabna District by a Russian firm.