Alderley FZE, a subsidiary of Alderley plc, has recently secured contracts for two crude oil metering systems in Iraq. The contracts for both projects were issued by Petrofac, the international oil and gas facilities service provider, for the new Early Production System (EPS) for the Majnoon field in southern Iraq and for the first phase […]
By John Lee. Shell expects to resume production at its Majnoon oilfield in Iraq in the first quarter of 2013, Arne de Kock, commercial general manager for Iraq, has told Reuters. The company then expects to lift output to 175,000 bpd by March or April, this being the level of production required for it to start […]
Mr Hans Nijkamp, the head of Shell's operations in Iraq, has highlighted the success in removing explosive remnants of war (ERW) at the Majnoon oilfield, in which Shell has a 45% stake. Speaking at CWC‘s Iraq Petroleum 2012 conference in London last week, Nijkamp said that more than 12 million square metres had been cleared […]
At CWC‘s Iraq Petroleum 2012 conference in London last week, the head of Shell's operations in Iraq gave a detailed account of progress at the Majnoon oilfield, in which Shell has a 45% stake. Mr Hans Nijkamp said that Shell Iraq Petroleum Development manages all contracts on behalf of the Majnoon venture, and that there […]
Shell is in negotiations with the Oil Ministry over the final development of Iraq’s Majnoon field, a lower more realistic production target is seen as an integral part of the discussions. The Majnoon oilfield is one of four giant fields which are seen as integral to Iraqs ambition to more than double its oil output […]
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Reuters reported today (8 May 2012) that it has seen ministry of oil documents indicating that Royal Dutch Shell is ready to cut the production plateau target of the Majnoon oilfield to 1 million bpd from 1.8 million bpd. In my humble view, if this is true, it should be a welcoming development. As many, […]
Royal Dutch Shell is in talks to try to cut the production target at the Majnoon oilfield to 1 million bpd from 1.8 bpd. Shell executives proposed the extension of the oil fields plateau, which begins in 2017, to 20 years from seven years. The Iraqi side is understood to be resisting pressure to increase […]
Iraq's Majnoon oilfield should be ready to produce 175,000 barrels per day (bpd) by the end of 2012, triggering cost recovery and service fee payments. Iraqi officials say the field could even reach that output, from current production of around 54,000 bpd, by August, depending on pipeline infrastructure, completed wells and also visa delays for […]
Dow Jones reports that Iraq has agreed with oil majors to build a multi-billion-dollar oil field water injection plant in the south of the country, after disagreement over costs that suspended the project for months. The water injection project aims to provide water to maintain reservoir pressure to fields such as Rumaila, West Qurna Phase […]
In its interim results for the first half of 2011, oil services company Petrofac gave the following update on its operations at Shell's Majnoon oilfield: "In March 2011, we announced the award of our first contract in Iraq, a US$240 million engineering, procurement and construction management project with Shell. The Majnoon field in southern Iraq […]
Shell has reportedly begun a planned three-day production shutdown at Iraq's Majnoon oilfield for upgrades and maintenance. The field, which is currently producing around 65,000 barrels per day (bpd), is expected to restart output on Wednesday, a company spokesman said. Majnoon is one of the fields awarded to international companies as part of the OPEC […]
