Shell and Total Said to Sign Initial Oil Deals With Iran
Deals for S. Azadegan, Yadavaran, Kish fields: oil official/ Total declines to immediately comment; Shell can’t be reached/ Royal Dutch Shell Plc and Total SA will sign initial agreements on Wednesday to develop oil and gas fields in Iran, in the first European petroleum deals in the Persian Gulf country since sanctions eased earlier this year, an Oil Ministry official said. The companies will sign “heads of agreement,” or non-binding accords, with the ministry to develop the South Azadegan and Yadavaran oil fields and the Kish natural gas ...
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