Italian energy company Saipem said it signed an agreement to explore the option for working in the opening Iranian oil and gas sector. Saipem, a subsidiary of Italian energy company Eni, signed a memorandum of understanding for “potential cooperation on major projects in Iran.” The agreement was signed in the presence of Italian Prime Minister Matteo Renzi and Iranian President Hassan Rouhani in Rome. “The MoU, signed with the Parsian Oil & Gas Development Company, envisages discussions aimed at Saipem’s potential cooperation in revamping and upgrading the Pars Shiraz and Tabriz refineries [in Iran],” the company said in a statement. SHANA, the news website for the Iranian Oil Ministry, said both sides were mulling a pipeline contract […]