US Firm in $210m Deal at Majnoon Field

By John Lee.

According to a report from Reuters, Anglo-Dutch Shell has signed a $210-million contract with US-based Halliburton to drill 30 wells at the Majnoon field over the next three years.

The contract is expected to raise output at the field from 220,000 barrels per day currently to about 400,000 bpd in three years.

(Source: Reuters)

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