IRAQ

 

Shell Awards Majnoon Oil Deal, Gas Still A Problem

 

Shell, operator of the consortium developing Iraq’s Majnoon oil field, has awarded an EPC contract as it prepares to ramp up production towards a possible 1mn b/d reduced plateau target. While oil is now flowing after a costly delay, Shell recently revealed that all the associated gas from the 12bn barrel Majnoon field is being flared. Shell has a 45% stake in the long-term technical service contract (TSC) with...