Royal Dutch Shell Plc (NYSE: RDS.A) will agree on Dec. 7 to develop a major Iranian oil field, the Wall Street Journal reported, citing an Iranian oil ministry spokeswoman.
Total SA (NYSE: TOT) of France is also planning another investment in the energy sector in Iran, the Journal reported.
The agreements are for developing the South Azadegan and Yadavaran oil fields, the Journal said.
Shell and Total declined to comment.
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