Iran's bid to lure oil investment succeeding despite U.S. sanctions

A drilling rig operated by Total is shown working in the Sirri A and E area in the Persian Gulf off Iran. Total is leading a flurry of revived interest in foreign investment in Iran's petroleum sector. Photo courtesy of Total. Iran's oil production [60,760 bytes] Iran:July 1998 presentation buy back projects [111,627 bytes] Iran continues to mark success with its efforts to attract foreign investment to its petroleum sector, despite the continuing specter of U.S. economic sanctions targeting such investments. An apparent backdown by the U.S. government on imposing sanctions on non-U.S. companies investing in Iran has spawned a flurry of ...

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