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…