Shell announced today that the Majnoon oilfield it operates in partnership with South Oil Company (SOC), Petronas and Missan Oil in southern Iraq has exported its first shipment of crude oil to Shell trading, a significant milestone for the oilf
Iraq's crude oil production rose to 3.250 million barrels per day (bpd) at the beginning of August from 2.942 million bpd a year earlier, an oil ministry official said, indicating it could exceed its output target for end-2013.
Iraq should start loading crude at its first new Gulf export terminal in the south within 10 days after bad weather and technical problems delayed its initial start, a state oil official said on Tuesday.
Iraq plans a $1.3 billion ex
Crude production from Iraq's Majnoon oilfield is currently about 75,000 barrels per day, up from 65,000 bpd in July, a Shell executive said on Tuesday.
Royal Dutch Shell and Petronas won a contract in 2009 to develop Majnoon, one of th
Iraq, along with oil major Royal Dutch Shell and Malaysia's Petronas have awarded a contract to Halliburton Co to drill 15 oil wells in the supergiant Majnoon oilfield, an oil official said on Monday.
Oil and gas service
Shell and Petronas have signed a 20-year service contract to provide technical assistance in the development of the Majnoon oilfield in Iraq.
The contract was signed by the South Oil Company and the Missan Oil Company of Iraq, Shell Iraq P