BP ends gas field operations due to Iran sanctions
BP PLC says production at its North Sea Rhum gas field, which it co-owns with the Iranian Oil Co., has been suspended to ensure compliance with European Union sanctions against Iran.
The gas field began production in 2005 and is a 50-50 joint venture with Iranian Oil.
The field is capable of producing up to 5.9 million cubic meters of gas per day.
Senior Analyst and Director of State Outreach
Latest posts by Christopher Holton (see all)
- Christopher Holton appeared on The Drew Mariani Show to discuss drone warfare - March 24, 2026
- Christopher Holton appeared on Priority Talk - March 24, 2026
- Christopher Holton explains the status of the U.S.-Iran negotiations and what to anticipate next - February 28, 2026