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Shell to develop major oil field in Iran - WSJ

Published 07/12/2016, 09:53
Updated 07/12/2016, 10:00
© Reuters. A logo of Shell is pictured at a gas station in the western Canakkale province
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(Reuters) - Royal Dutch Shell Plc (L:RDSa) will agree on Wednesday to develop a major Iranian oil field, the Wall Street Journal reported, citing an Iranian oil ministry spokeswoman.

Total SA (PA:TOTF) 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.

© Reuters. A logo of Shell is pictured at a gas station in the western Canakkale province

Shell and Total declined to comment.

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