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Such decision was due to Washington'.s announcement that it would impose sanctions on enterprises making business with this Islamic republic.
Read More »U.S. Pressures Influence Withdrawal of Total from Iran
Total Officially Quits Iran’s South Pars Project
CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »Iran Official Says Gas Field Contract with Total. CNPC Unchanged
The renewed US sanctions were among those lifted under a 2015 deal between world powers and Tehran on curbing Iran’s nuclear program.
Read More »Total Certain to Exit Iran Gas Project
China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .
Read More »China`s CNPC Takes over Total`s Share in Big Iran Gas project
Total signed a contract in 2017 to develop Phase II of South Pars field with an initial investment of $1 billion.
Read More »MAPNA Ready to Replace Total in South Pars Project
CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.
Read More »Two Russian Firms will Develop Shadegan Oilfield
Besides the aforementioned oil firms. Schlumberger has also signed an agreement to survey the oilfield.
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 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 »NIOC. PEDC to Sign Contract to Develop Two Iran Oilfields
The two fields were discovered by digging the first well No. 1 Jofeir. Khuzestan Province. southwestern Iran in 1976.
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