EghtesadOnline: BP Company in its 2016 annual report pointed to receiving license to continue activities in Rhum gas field in the North Sea (joint gas field with Iran), announcing that it had a net profit of $31.6m in post-sanction era.

EghtesadOnline: BP and Iran's state-run oil company received a license from the US Treasury last year to operate their joint gas field in the North Sea following the lifting of international sanctions on Tehran, BP said on Thursday.