Tag Archives: Gas Field

Total is awaiting a US Congress decision on whether the Iran nuclear agreement is in line with the American interests. Pouyanne said last month.

The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.

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.

Chevron last week reported a net profit of US$ 1.95 billion. up by an impressive 52 percent on the year.

France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.

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.

Total. Gazprom. Schlumberger. Pertamina and Petronas are among the oil majors studying Iran'.s hydrocarbon reservoirs.

Saudi Arabia is on course with a Saudization policy that aims to reduce its reliance on immigrant labor in the public and private sector.

The amount forms 8 percent of the world reserves. and 50 percent of the gas reserves in Iran.

BP is the operator of the Shah Deniz and ACG development projects.