IRAN

Japan’s largest exploration firm Inpex is eying up a return to Iran’s upstream some five years after pulling out of the country, the company’s Deputy Managing Director Yoshikazu Kurasawa said on 9 August while on a visit to Tehran.

Inpex had been active in Iran for almost a decade as part of a Japanese consortium developing the massive 42bn barrel South Azadegan field close to Iran’s border with Iraq, but was forced to exit both the project and country,...