Iraq Shake-Up: CNPC Enters West Qurna-1; Shell Slammed Over Majnoon

...tronas were awarded the 20-year service contract for further development of the Majnoon oil field in January 2010, when they submitted a winning bid to raise output from a baseline of 46,000 b/d to a plateau of 1.8mn b/d by 2017 for a remuneration fee of $1.39/B. The contract came into effect in March 20...