Posts Tagged “france”

French state bank BPI finance projects in Iran

French state bank BPI finance projects in Iran

Bpifrance, the country’s state investment bank, will finance investment projects of French companies in Iran from 2018, granting up to 500 million euros ($598 million) in annual credits, its CEO said in a newspaper interview on Sunday. “Excluding a force majeure case, we will be on their side in early 2018. We are the only…

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Maersk talking for develop Iran’s South Pars

Maersk talking for develop Iran’s South Pars

National Iranian Oil Company (NIOC) announced that negotiations with Denmark‘s Maersk Group over the development of South Pars oil production project is underway. “Parallel talks have started with other multinationals to undertake the megaproject,” said Karim Zobeidi, the head of a special department at NIOC that oversees the performance of reservoirs, ISNA reported. Pointing to…

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Iran signs $5b gas deal with Total+Photo-Video

Iran signs $5b gas deal with Total+Photo-Video

Iran signed a multibillion dollar deal on Monday with French oil giant Total and Chinese state oil company CNPC to further develop the country’s giant South Pars Gas Field in cooperation with Iran’s Petropars. The first major Western energy investment since sanctions against Tehran were lifted will cost up to $5 billion, with production expected…

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Iran, France to set up working group on transportation

Iran, France to set up working group on transportation

Iran and France held talks on ways to expand cooperation between the two countries in the transportation sector. In the meeting, Iran’s Roads and Urban Development Minister Abbas Akhoundi and his French counterpart Elisabeth Borne studied the establishment of a working group to examine the expansion of cooperation in the transportation sector, IRNA reported. The…

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Photo: French FM in Tehran

Photo: French FM in Tehran

Visiting French Foreign Minister Jean-Marc Ayrault says that respecting the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is very important to Paris. After signing the deal in Vienna, it was very important to France that the JCPOA as an international deal be respected, Ayrault said at the Iran-France joint economic commission…

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French Foreign Minister arrived in Tehran

French Foreign Minister arrived in Tehran

French Foreign Minister Jean-Marc Ayrault arrived in Tehran on Monday to attend the first Iran-France joint economic commission. Ayrault is slated to visit his Iranian counterpart Zarif, President Hassan Rouhani, Parliament Speaker Ali Larijani and other high-ranking officials during his two-day visit. “Foreign ministers of Iran and France will convene a joint economic and trade…

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French FM comes to Iran

French FM comes to Iran

France‘s foreign minister travels to Iran on Monday, seeking to reaffirm Europe’s commitment to the nuclear deal that US President Donald Trump has threatened to annul. The deal struck in 2015 with three European countries, Russia, China and the United States gave Iran relief from a range of sanctions, allowing it to strike major business…

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Iran signed a contract with Airbus to buy 100 jets

Iran signed a contract with Airbus to buy 100 jets

Iran and the European aviation giant Airbus signed a contract on Thursday to sell 100 jets to Iran Air, paving the way for deliveries to start next month, a year after sanctions against the country were lifted. The deal took weeks of shuttling between Airbus headquarters in Toulouse, France, and Tehran, complicated by a shortage…

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Petronas rivals Total, Shell in Iran

Petronas rivals Total, Shell in Iran

NIOC and Malaysia’s PETRONAS (Petroliam Nasional Berhad) will ink an MoU this week on development of Cheshmeh Khosh and South Azadegan oilfields. Following the inking of Memoranda of Understanding (MoUs) for conducting developmental studies in Azadegan oil field with France’s Total, Britain’s Royal Dutch Shell and Inpex Corporation of Japan, a cooperation agreement will be…

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France Total to install SP Phase 11 pressure booster station

France Total to install SP Phase 11 pressure booster station

France’s Total will equip Phase 11 of South Pars Gas Field with a pressure booster station to regularly pump two billion cubic feet of gas per day for nearly 20 years as part of a deal between Tehran and the French energy giant. Oil Minister Bijan Namdar Zanganeh told Tasnim News Agency on Monday that…

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