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Shell to develop major oil field in Iran - WSJ

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Reuters

(Reuters) - Royal Dutch Shell Plc will agree on Wednesday to develop a major Iranian oil field, the Wall Street Journal reported, citing an Iranian oil ministry spokeswoman.

Total SA of France is also planning another investment in the energy sector in Iran, the Journal reported. http://on.wsj.com/2gBu0zg

The agreements are for developing the South Azadegan and Yadavaran oil fields, the Journal said.

Shell and Total declined to comment.

(Reporting by Vishal Sridhar and Sangameswaran S in Bengaluru and Bate Felix in Paris; Editing by Sunil Nair)

 

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First Published: Dec 07 2016 | 3:27 PM IST

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