Fri Jul 31, 2015
Royal Dutch Shell and Italy’s largest oil producer Eni say they are looking to return to projects in Iran’s upstream oil and gas sectors.
“For us, (Iran) is a huge gas province so it would be good to be there — in conventional gas — at the right terms,” Shell’s financial chief Simon Henry said in London.
The company has a history of activities in Iran’s upstream projects, including in South Pars, but the firm pulled out of the world’s largest gas field’s Phase 13 development in 2008.