Tag Archives | Majnoon

Ducorr completes Corrosion Protection work at Majnoon

By John Lee. Sharjah-based Ducorr has reportedly completed the design and deployment of a cathodic protection system for Shell’s Majnoon oil field. Construction Week Online quotes company sources as saying that the flowlines were buried in very corrosive soil, hence the need for protection. (Source: Construction Week Online)

KBR Confirms Contract to Develop Majnoon

KBR, Inc. announced today that it has been awarded a contract by the Basra Oil Company (BOC) for the development of the Majnoon Oil Field in Basra, Iraq. Under the terms of the contract, KBR says it will provide overall project management, multi-discipline engineering support, procurement and construction management services to BOC under a two […]

New Contracts Signed to operate Majnoon Oilfield

By John Lee. Basra Oil Company (BOC) has signed contracts with the Chinese company Anton Oilfield Services Group (Antonoil) and the US company KBR to operate and maintain the Majnoon oil field. A statement from the Ministry of Oil put the value of the contracts at $118 million, adding that there would be “other secondary […]

Antonoil, Petrofac “to take over Majnoon from Shell”

By John Lee. Oil executives have told Reuters that the Iraqi Oil Ministry has signed a two-year contract with China’s Anton Oilfield Services (Antonoil) and Petrofac to operate the giant Majnoon oilfield (pictured). The companies will operate the oilfield on behalf of the state-owned Basra Oil Company (BOC), which will take over operations from Shell […]

KBR, Anton Oil to replace Shell at Majnoon?

By John Lee. According to a report from Platts, the Iraqi oil ministry is about to award two management contracts to replace Shell at the Majnoon oil field. Sources say the state-run Basra Oil Company (BOC) has opted to operate the field instead of replacing Shell, and junior partner Petronas, which announced last year it […]

Majnoon Oil Output to Almost Double

By John Lee. Iraq reportedly plans to increase production at the Majnoon oilfield from 240,000 bpd now to 450,000 barrels within three years. Ahmed Abdul Razzaq, the head of a committee in charge of developing the field, told Reuters that the Basra Oil Company (BOC), which will take over operations from Shell, is studying proposals from […]

KBR to help Develop Majnoon Oilfield

By John Lee. Iraq has reportedly reached an agreement with US engineering firm KBR to help manage projects to develop production capacity at the Majnoon oilfield. Shell is preparing to exit the Majnoon oilfield by the end of June 2018, handing it over to the state-run Basra Oil Company (BOC). Ihsan Abdul Jabbar, the head […]

Petronas confirms Exit from Majnoon Oilfield

By John Lee. Malaysia’s Petronas has reportedly confirmed that it will exit from Iraq’s Majnoon oil field along with joint stakeholder Shell. A spokeswoman for Petronas told The National: “Petronas confirms its exit from the Majnoon oilfield, Iraq, together with Shell. We will be working with Shell on the handover of the field to the […]

Basra’s Barrier Against Poisoned Iranian Water Crumbling

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A soil barrier built to protect Basra’s farms and oil fields from polluted water flushed out of Iran is leaking. It’s the latest in a long list of water woes […]

Oil Ministry starts taking over Majnoon Ops

By John Lee. Reuters reports that Iraq’s oil ministry has said it had started to take over operations at Majnoon oilfield from Shell. Earlier this year, Shell said it will exit the field, which is expected to happen by the end of June. The ministry has formed a management team to handle production after the […]

BP, Eni “interested in Majnoon Oilfield”

By John Lee. Reuters has reported that both BP and Eni have expressed an interest in developing the giant Majnoon oilfield, which Shell plans to exit next year. Iraqi oil officials told the news agency that Iraq’s Ministry of Oil has not yet started negotiations with either company. BP is currently developing the Rumaila field, […]