Reuters - The U.S. Treasury extended a licence for Serica Energy to operate the Rhum field in the North Sea which is 50% owned by Irans national oil company, energy producer Serica said on Thursday. The waiver by the U.S. Office of Foreign Assets Control (OFAC) allows U.S. businesses such as oilfield service providers to work on the field while ...

Daily look at Irans late-breaking news and upcoming events:   US grants license, assurance for Iranian-backed UK gas field Rhum The BP-operated Rhum gas field in the UK North Sea has received a conditional license from the US Office of Foreign Assets Control that allows it to continue operating until the end of October 2019, Serica Energy said ...

S&P Global Platts - The BP-operated Rhum gas field in the UK North Sea has received a conditional license from the US Office of Foreign Assets Control that allows it to continue operating until the end of October 2019, Serica Energy said on Tuesday. There has been uncertainty around the possible impact on Rhum's operations due to it being 50% ...

Press TV - UKs energy giant BP says it has received an authorization from the United States to go ahead with operating a gas field that it jointly owns in the North Sea with the National Iranian Oil Company (NIOC). BP announced in a statement that it had obtained the authorization for the operation of Rhum gas field from the Office of Foreign ...

TEHRAN, Apr. 27 (MNA) UK's trade envoy to Iran has announced that British Petroleums (BP) debt to Iran will be paid off Iran's share in Rhum gas field in coming days. In 2005, National Iranian Oil Company (NIOC) and Britains largest oil firm BP launched a 656-million-dollar cooperation producing gas at the offshore gas field of Rhum in Scotland....

TEHRAN (Tasnim) BP recommenced production at the Rhum gas field in the UK North Sea, half-owned by Iran's National Oil Company, nearly four years after the oil major was forced to halt output because of sanctions against Tehran.   The oil group confirmed on Friday that gas had begun to flow out of the Rhum field, 250 miles off Scotlands northeast ...

[caption id="attachment_28364" align="alignright" width="180"] Iranian gas refinery[/caption] TEHRAN (FNA)- The UK voiced willingness to support resumption of gas production from Rhum gas field after Iran decided to develop the field. British government had in 2010 stopped gas production in Rhum field, which is co-owned by British Petroleum and ...

(Reuters) - Britain could be close to agreeing a deal to ease sanctions that have stopped gas production from the North Sea's Rhum field, jointly owned by BP (BP.L) and the National Iranian Oil Co., the Mail on Sunday newspaper said. Production from the field, which once supplied 5 percent of Britain's gas output, has been suspended since 2010 as ...