Tag Archives: International Companies

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.

Novatek plans to work on another LNG plant once its Yamal capacities are launched.

Technical negotiations with Lukoil on Mansouri and Abteymour oilfields had already been finalized.

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

A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.

Russia’s state-owned Rosgeologia is in talks with Zarubezhneft. Gazprom Neft and Lukoil on joint implementation of projects in Iran.

Tehran aims to sign 10 new oil and gas deals by the end of the current fiscal year (March 20. 2018).

Austerity helped push the economy into recession in the second quarter of 2017.

The situation is complicated and likely to continue until the dust from the Kurdistan independence referendum settles.

Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.