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Besides the aforementioned oil firms. Schlumberger has also signed an agreement to survey the oilfield.
Read More »Two Russian Firms will Develop Shadegan Oilfield
Int`l Oil Consortium to Replace Foreign Contractors in Iran
Following the US action. some international companies active in Iranian oil projects said they will withdraw from Iranian projects.
Read More »Installation of 6 South Pars Platforms Scheduled by Mar. 2019
The field is estimated to contain a significant amount of natural gas.
Read More »Iran to Increase Oil Production by 460 Million Barrels in Three Years
More than 75 percent of the equipment for developing the output is Iranian.
Read More »Iran`s First Crude Shipment to Chile in 16 Years
The European Union sent a letter to the US Treasury on June 4 asking for exemptions from sanctions.
Read More »Iran Condemn US Output Rise Request
Iran criticized the Trump administration’s unofficial request to ramp up oil production to offset the shortfall of Iranian crude exports.
Read More »Eni Says it has no Material Exposure to Iran
The United States has threatened to impose secondary sanctions on European companies doing business with Iran.
Read More »Iranian Crude Exports Rise despite US Sanctions
Iran’s crude oil exports hit 2.7 million bpd in May. higher than its average volumes over the past year.
Read More »Russian Companies Continue Trade with Iran
Russian companies will continue doing business in Iran as if nothing happened at all – in oil. gas and nuclear energy.
Read More »Iran Starts Oil Swap with Iraq’s Kirkuk
Last December. Iraq and Iran reached an agreement for oil swap for one year.
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