Total said on May 16 that it would pull out of South Pars if it did not receive a waiver from the United States.
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Shell expects its global deepwater production from already discovered and established areas to exceed 900.000 boe d by 2020.
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The Bodo oil spills have been the subject of years of legal wrangling.
Read More »Total to Expand East Med Oil. Gas Exploration
U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.
Read More »Pergas Enters the Game As French Total Warns Leave Iran
British Pergas seems to do little business in the United States. which potentially boosts its freedom to operate in Tehran.
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Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.
Read More »Total will Quit Iran Gas Project if no Sanctions Waiver
Total holds a 50.1 per cent stake in the South Pars project.
Read More »Total will not Pay Penalty if It Quits Gas Project in Iran
Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Brazil`s Petrobras Chooses France`s Engie Talks on Gas Pipeline Unit
The exclusivity period to discuss the sale contract would go through May 31.
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