Shell to sign 3 deals to develop Iran oil and gas fields - Iran oil ministry

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Reuters DUBAI
Last Updated : Dec 07 2016 | 4:48 PM IST

DUBAI (Reuters) - Royal Dutch Shell will sign three initial agreements on Wednesday to develop Iranian oil and gas fields, an Iranian oil ministry official said.

Shell will sign the agreements in Tehran to develop the South Azadegan, Yadavaran oilfields and the Kish gas field, the Iranian official said.

Total will start negotiations for new oil and gas projects but was not signing any deals on Wednesday, the official said.

The Wall Street Journal earlier reported that both Shell and Total were to sign initial agreements on Wednesday.

Shell and Total declined to comment.

(Reporting by Rania El Gamal. Editing by Jane Merriman)

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First Published: Dec 07 2016 | 4:36 PM IST

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