By John Lee. The Iraqi Cabinet has approved the renewal of two contracts at the Majnoon oil field. Chinese company Anton Oilfield Services Group (Antonoil) is to continue to provide Integrated Field Management, while the American company KBR will provide Engineering, Procurement and Construction Management (EPCM). The decision allows for the extension of the contracts […]
By John Lee. China's Anton Oilfield Services (AntonOil) has reported that the Group has received written confirmation from its Iraqi customer in advance that it will automatically renew the 2-year contract after its expiry on July 1, 2020 for one year. In its unaudited interim results for the one year ended 31 December 2019, it […]
By John Lee. Shell has reportedly exited the Majnoon oilfield and handed over its operations to the Basra Oil Company (BOC). Sources told Reuters that the handover was formalised on Wednesday, and that the process was "smooth". According to the news agency, Anton Oilfield Services (AntonOil) and Petrofac will now operate the giant oilfield on […]
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 […]
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 […]
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 […]
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 […]
China'a Anton Oilfield Services (Antonoil) has announced that the Group's general workover and well completion project in Southern Iraq market was successfully started with the first well being completed on Tuesday. Acquiring in the third quarter of 2015 with an amount of approximately US$140.0 million and a contract duration of 3 years, the project commenced […]
Anton Oilfield Services Group (Antonoil) has announce today that the Group has received a notification from an internation oil company (IOC) customer operating at an oilfield in southern Iraq stating that Antonoil has been named as the preferred bidder for related oil production operation and maintenance services project on the site. In this regard, both […]
By John Lee. China’s Anton Oilfield Services Group (Antonoil) has announced that the Group has received a notification from an oil company customer operating oilfield projects in south Iraq, adding that "the general contract is awarded to Antonoil for the provision of oilfield workover and completion services". A press release from the company continued: "Internal approval […]
By John Lee. China's Anton Oilfield Services Group (Antonoil) has announced that it has won a bid for what it describes as "the provision of three well's workover and other services in middle Iraq". As the chief contractor for the project operated by an international oil company, Anton is commissioned to provide a series of […]
