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 »France Seeks End to Saudi-Bloc Measures That Have Split Families
France is seeking an end to the isolation of Qatar that has separated families across the region amid a spat between a Saudi-led group of nations and their gas-rich neighbor.
Read More »Total Deal. Signifies Iran`s Importance for Oil Giants
The 4.8 billion-dollar deal is the first major gas and oil agreement since anti-Iran sanction relief.
Read More »Russia May Have Own Technology of Underwater Oil Production by 2021-2022
It was planned to provide oil production by Russian rotor-controlled systems by 2019 on the basis of already created prototypes.
Read More »IAEA: Safety at Nuclear Energy Facilities in Russia at High Level
The IAEA chairman added that both nuclear security and safety at the nuclear facilities in Russia is at a very high level.
Read More »Shell Consider LNG-Hub Network
Shell sees opportunities in LNG and next-generation biofuels for shipping. heavy freight and air travel.
Read More »Yamal LNG to Scale Up Russian Gas Exports
The Yamal LNG terminal. which plans to have an output capacity of around 16.5 million tons per year. is expected to be operational by 2018.
Read More »Iran`s Contract with Total Complete Failure of US Sanctions Policy
Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.
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