Daily Archives: July 3, 2017

Total signs major Iran gas deal, defying US pressure

2017-07-03T21:43:19+00:00

French energy giant Total defied US pressure on Monday by signing a multi-billion-dollar gas deal with Iran, the first by a European firm in more than a decade. Total will invest an initial $1 billion (880 million euros) in the South Pars offshore gas field as part of a consortium with Chinese and Iranian firms. [...]

Total signs major Iran gas deal, defying US pressure 2017-07-03T21:43:19+00:00

France’s Total to sign Iran gas deal delayed by sanctions

2017-07-03T21:43:19+00:00

Iran has signed a contract with French energy giant Total to develop its giant South Pars gas field. The 20-year deal is the largest since sanctions were lifted against Tehran last year. Total's CEO Patrick Pouyanne hailed the deal as "a historic day, the day we come back to Iran," as he signed the gas [...]

France’s Total to sign Iran gas deal delayed by sanctions 2017-07-03T21:43:19+00:00

What Total’s $4.8 billion investment means for Iran

2017-07-03T21:43:19+00:00

Iran has signed a $4.8 billion deal with a consortium led by French oil company Total on Monday to develop its giant South Pars gas field, the largest natural gas field in the world. The deal is the Islamic republic's first with a European oil company in more than a decade, marking a major milestone [...]

What Total’s $4.8 billion investment means for Iran 2017-07-03T21:43:19+00:00