THE TRADINGEST PRESIDENCY EVER:

Iran says it has signed a memorandum of understanding (MOU) with Schlumberger - the world's largest oil field services company - over the development of several southern oil fields.  [...]

The projects would be carried out within the framework of Iran's new generation of oil contracts, Shana news agency reported.  

Schlumberger would be the second giant energy corporation to win a deal in Iran's oil industry.  Earlier this month, Total signed a contract to develop a major gas project in Iran's South Pars gas field. Total and Schlumberger now appear to have provided France with a strong foothold in Iran's oil industry given that both companies are headquartered in Paris. 

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