Several of Europe’s biggest oil industry players converged on Tehran this week for what was the country’s first major oil and gas conference since the signing of the historic nuclear deal between Iran and world powers in July.

The removal of economic sanctions on Iran will herald a new era for the Iranian oil and gas sector, Oil Minister Bijan Zanganeh said this week as the country begins to rebuild its economic and energy relations with the world, and badly-needed foreign investment starts to flow back into the country. (CONTINUED - 1256 WORDS)