Watching the World
Iran deal for Shell

11/22/1999
Shell Exploration BV raised the hackles of the US Department of State (DOS) with the announcement of an $800 million redevelopment deal with Iran.Washington's Iran-Libya Sanctions Act (ILSA) of 1996 requires the department to impose sanctions on any company that invests more than $20 million in Iran or Libya.A Shell official told OGJ that DOS is launching an investigation into the Shell-National Iranian Oil Co. deal and that the process is expected to take "some time."On Nov. 14, Shell signed an agreement with NIOC to redevelop the Soroosh and Nowrooz oil fields, which lie in shallow waters 80 km west of Kharg Island in the Persian Gulf.A DOS official told Reuters that, while it will t...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected