Iran signed a deal with France's Total on Tuesday to develop a major offshore gas field, its first bid contract with a Western energy firm since the lifting of sanctions.
Total will lead a consortium also including China National Petroleum Corporation and Iran's Petropars to develop Phase 11 of the South Pars field -- a project valued at $6 billion (5.4 billion euros), the oil ministry said.
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All rights reserved to Arab Today Media Group 2021 ©
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