Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »JCPOA Accelerated Oil Talks
Iran exported an average of 2.559 million barrels of crude oil per day during September 23-December 21. 2017.
Read More »Gazprom Signs Deal to Make Iran LNG Player
Gazprom is already a major player in the global natural gas liquefaction market.
Read More »Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »Main Contract for Iran’s South Pars Field to Be Awarded after Trump’s Clarity
Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »Foreign Companies Eager to Invest in Iran’s Oil and Gas Industry
There is intense competition across the world to attract foreign investment. but the assets are limited while competition for absorbing them is high.
Read More »Iran Signs Petrochem Deals with Major European Companies
Talks revolve around the transfer of technology and investments in several petrochemical projects in Iran.
Read More »Iran. Russia Cooperation to Develop Shadegan. Ragsefid Fields
At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.
Read More »Iran Decreases Oil. Gas Dependence in 4 Years
Sanctions promoted corruption in Iran in oil and gas business in order to circumvent sanctions.
Read More »Iran Open to Work with US Companies
The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.
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