Japan to invest $10b in Iran

A senior energy official said here on Saturday that Japan is seeking to invest $10 billion in different economic sectors in Iran. Deputy Oil Minister for International Affairs Amir Hossein Zamani Nia said Iran and Japan enjoy aged-old relations. Touching upon Iran negotiations with Japanese companies on making investment in…

Italy’s Saipem signs MoU on oil, gas cooperation with Iran

Saipem has signed a memorandum of understanding to cooperate on major oil and gas projects in Iran. The deal with Iran comes at an opportune time for the company, which has been hit hard by a prolonged oil price slump that has prompted oil majors to cut investment and seek…