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Iran in talks for $4.5-billion undersea gas pipeline to Gujarat

Iran is discussing a plan to lay a $4.5 billion subsea pipeline to export natural gas to India, but the proposal of another pipeline between the two countries through Pakistan is off the table due to waning Indian interest, National Iranian Gas Export Company's managing director Alireza Kameli said. 

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Shell Wins Final Australian Nod For BG Group Merger

Royal Dutch Shell Plc (NYSE: RDS.A) on Dec. 3 won approval from Australia's Foreign Investment Review Board for the company's proposed $70 billion takeover of BG Group Plc, leaving China as the last regulatory hurdle to the deal.

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Wood Group wins $90 million Iraq contract

Wood Group has won a new contract worth approximately $90 million to deliver services to one of the world's leading blue-chip international oil companies (IOC) in Iraq. Wood Group PSN (WGPSN) will provide project management for an onshore facility under the three year contract, which is effective immediately.

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