Shell to sign initial Iran oil and gas development deals
Iran/ Royal Dutch Shell will sign initial agreements on Wednesday to develop Iranian oil and gas fields, an Iranian official said, the first deal by the world's second biggest listed oil firm in Iran since sanctions were lifted. Analysts said the deals showed major oil companies were prepared to keep doing business with Iran despite the risk that U.S. President-elect Donald Trump could scrap the nuclear deal that ended the sanctions earlier this year. Shell will sign three memoranda of understanding (MoUs) agreements in Tehran to develop ...
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