Tag Archives: International Companies

The deal with Total increases Iran'.s energy security and is likely to encourage other foreign companies to invest in Iran.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran’s Petropars 19.9 percent.

Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.

Total TOTF.PA won an offshore exploration license from Cyprus for drilling this year.

The biggest exploration expenses are expected for blocks Parsa and Bamdad in the Gulf. amounting to 80 million euros and 75 million euros respectively.

TMFGS is an affiliate of Total responsible for marketing marine fuels worldwide.

France'.s Total signed a deal earlier this month to help Iran increase gas output from the giant South Pars gas field. which the country shares with Qatar.

Total however also has large projects in Saudi Arabia and the UAE. highlighting the complexity of investing in the Middle East.

The former ExxonMobil chief expressed his gratitude and said he misses the oil industry.

The 22nd WPC convenes the leaders of the energy industry and provides a forum to debate on the current issues. developments and solutions for a sustainable energy future.