Iran and Oman agree to jointly develop shared oilfield Posted on May 23, 2022 by cngpump In 2005, both countries signed a memorandum of understanding to jointly develop the Hengam oil field but the agreement did not materialise and Iran decided to develop the field independently in 2012. Related posts: Durra gas field is a tripartite issue between Kuwait, Saudi, and Iran, Kuwait FM says Iran moots relaunching rupee-rial mechanism to meet India’s energy needs Italy signs gas deal with Angola seeking to end dependence on Russia Equinor, Exxon agree to expand Brazil oil operations India sends one more consignment of 40,000 MT of diesel to Sri Lanka OPEC Fund to finance Nigeria-Morocco gas pipeline Libya’s largest oil field closed as turmoil intensifies; NOC declares force majeure Iran ready to supply required oil for the world market: Official Iran ready to meet India’s energy needs, says Ambassador Chegeni Iran’s president says oil exports have doubled since August