Iran warned Total that it would forfeit its investments in Iran if it exits a development contract for the South Pars natural gas field, Reuters reports. “If Total, without the enforcement of [UN] Security Council san...
The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a series of meetings with CEOs of international oil companies (IOCs) on the sidelines of the Abu Dhabi International Petroleum Exhibition and Confe...
Total announced that it purchased a 5% stake in the first train of the liquefied natural gas (LNG) project in Idku, Egypt Oil & Gas reports. The French oil major acquired the stake from another French energy compa...
Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield, according to the Iraqi Oil Minister, Jabar El Luaibi, Reuters reports. In September, Reuters reported th...
National Iranian Oil Company (NIOC) signed 33 oil memorandums of understanding (MoUs) with 28 local and foreign companies after the execution of Iran’s deal, also known as the Joint Comprehensive Plan of Action ...
Iran is going to sign contracts with the oil majors Shell and Total for the establishment of petrochemical plants in the country, ILNA reported. The Persian nation is finalizing the negotiations of the technical and f...
Total along with the national oil company Qatar Petroleum acquired the operatorship of the Al-Shaheen offshore oil field for a period of 25 years starting July 14th, Offshore Energy Today stated. The oil field provide...
Iran is planning to unveil its first round of oil and gas exploration tenders since the easing of economic sanctions. This step comes in the light of Iran’s strategy to attract International Oil Companies (IOCs)...
France’s Total signs an agreement to develop Phase 11 of Iran’s offshore South Pars Gas field, which is the world’s biggest natural gas field. The deal is considered as the first foreign deal since US sanc...
The French government says it has set aside about $1.13b to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa, Premium Times reported. According to a statement by the NNPC, Franc...