Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
As the higher oil prices and the cost cuts resulted in strong cash flows for Big Oil. the companies are now trying to reward their shareholders.
Read More »Big Oil Back To Boosting Shareholder Returns
Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »Main Contract for Iran’s South Pars Field to Be Awarded after Trump’s Clarity
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.
Read More »Maersk in Strong Position to Develop Iran`s South Pars Oil Layer
Several other foreign companies have been invited for South Pars oil venture but none have given a decisive answer.
Read More »Gulf of Mexico Deal Shows Total Hungry for Exploration Again
The new Chevron partnership could revitalize Total’s portfolio in the GoM.
Read More »North Sea Oil Sees Investment Rush
The North Sea’s problem has always been high production costs.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »Total to Sell Its Interest in Gina Krog Oil Field
Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.
Read More »Maersk Oil on the Rise even as Drilling Battles Tough Market
Maersk Oil exploration costs are now expected to be below the 2016 level’s of $223million.
Read More »First Jacket for Johan Sverdrup Field Primed for Delivery
Statoil is the operator of Johan Sverdrup with a 40% stake. The other partners are Aker BP. Petoro and Lundin.
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