Sanctions | Egypt Oil & Gas - Part 5
Total Mulls $2b Investment in Iranian Gas Fields
French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers, Reuters reported. The French firm was ...
US Firms Out of Iran’s Oil Tenders
US companies stand no chance in participating in bidding for Iran’s oil fields, which the country plans to develop with international help, a senior official said, according to Press TV. Iran’s Deputy Petroleum ...
US Lifted Some Oil Sanctions off Sudan
The US government has eased sanctions against Sudan, in a step towards normalizing relations as a response to measures taken by the government towards improving humanitarian access and lowering violence internally, Th...
Iran Plans to Seal Long-Term Oil Sales with Europe
Director for International Affairs of the National Oil Company (NIOC), Mohsen Qamsari, said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term ag...
Japan to Invest $10b in Iran
Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran. Petroleum and other energy sectors are viewed ...
Nigerian Environmental Groups Call for Audit at Agip Oilfields
The Environmental Rights Action / Friends of Earth Nigeria (ERA/FoEN) has called for a comprehensive audit of safety procedures at the Agip oil fields in Bayelsa following frequent fatal explosions, Premium Times info...
Iran’s Oil Exports Surpass 2mb/d
Iran’s oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said, as Press TV reported, citing figures released by Bloomberg. According to the released data, Iran’s ov...
Russia’s Rosneft to Solo Drill First Offshore Well
Russia’s largest oil producer Rosneft will start drilling its first international offshore well as a sole operator off the south coast of Vietnam this month, The Financial Times reported. The drilling campaign in Viet...
