Tehran plans to develop the South Pars oil layer under the framework of Iran Petroleum Contract.
Read More »Russian Gazprom Starts Turkish Stream Pipeline`s 2nd String Construction
The Turkish Stream project was announced in late 2014 by Russian President Vladimir Putin during his state visit to Turkey.
Read More »Russia Objects to Further OPEC Restrictions
Russia will hold a ministerial meeting for several representatives of OPEC member states as well as a number of non-members in St. Petersburg towards the end of this month.
Read More »Statoil Reports Small Gas Find Southeast of Snøhvit Field in the Barents Sea
This is the first exploration well in production licence 849. The licence was awarded in APA 2015.
Read More »Schlumberger Awarded EPCIC Contract for Taqa`s Otter Field in the UK North Sea
OneSubsea and Subsea 7 will deliver a turnkey integrated project from design through supply. installation and commissioning.
Read More »Iranian Spokesman Greets Gas Deal with Total
The development of Phase 11 of the South Pars project will cost up to $5 billion.
Read More »Iran Denies Concessions in New Petroleum Deals
Concluding Contracts with topnotch firms can positively impact the country'.s economy in the long run.
Read More »Total-Led Group to Pay 2.5pc Interest in Iran Gas Deal
The first and second stages of the project would become operational in 40 months and 60 months respectively.
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 »Total Pact to Be Reviewed in Iran Parliament
Total will operate the SP11 project with a 50.1 percent interest. while Iranian Petropars Company and the Chinese CNPC will have a share of 19.9 and 30 percent. respectively.
Read More »