Total returns with 4.8-billion-dollar investment to Iran

Countdown to the signing of the $4.8 billion oil contract between Iran and the international consortium led by Total has started. Being the first to be signed in the new format of Iran’s oil contracts which lead to technology transfer to Iran, the Total deal is considered a turning-point to…

Iran-Total deal in petchem to reap $2bn investment

Deputy Minister of Petroleum Marzieh Shahdaie says agreement with French Total Company in the petrochemical sector will result in $2 billion investment. Ministry of Petroleum on Tuesday quoted Shahdaie as saying, “In case of a final agreement, Total will invest up to two billion dollars in Iran’s petrochemical industries.” Outlining…