Iraq and partners Shell and Petronas awarded a contract worth more than $60 million [72 billion Iraqi dinars] to Turkish firm Enka to install and operate two production facilities at the Majnoon oilfield, according to a report from Reuters. The construction and energy company will also install two crude storage tanks and four pumping units […]
In July, Shell will start installing 15 production wells and pipelines in the Majnoon oilfield in southern Iraq, Vice president and country chairman Hans Nijkamp told the website of Energy Exchange. It will also upgrade two degassing stations and build “a new central processing facility to include two new 50,000 bbl/d capacity early production systems”. […]
Shell and Petronas have awarded Dubai-based Dodsal Group a $106m contract to lay a pipeline at the Majnoon oilfield, an Iraqi oil official said. Reuters reports that under the deal, Dodsal Group will build a 79-km (50-mile) pipeline to carry oil from the supergiant Majnoon oilfield to a crude storage depot near Zubair in southern […]
Iraqi state oil workers have tried to stop foreign workers entering the country's biggest oil field amid a country-wide dispute about pay, according to Iraq Oil Report. State workers have been protesting for some time about receiving lower pay than their colleagues at fields run by the international oil companies. In addition to the action […]
Petronor FZE, an oilfield services company operating in Iraq, announced today that, following South Oil Company (SOC) approval, has signed a contract with Shell to provide offices and accommodations in its Iraq Energy City near Basra. A next-generation oilfield supply base, Iraq Energy City provides working and living space to a wide-array of oilfield service […]
Petrofac, the international oil & gas facilities service provider, has confirmed it has been awarded a contract in excess of US$240 million by Shell Iraq Petroleum Development B.V. for developments in the Majnoon Field, Southern Iraq. Under the competitively tendered contract, Petrofac is providing engineering, procurement, fabrication and construction management services for the development of […]
According to a report from AKnews, the Media director of the Iraqi ports announced on Wednesday that Maaqel [Maaqal] port in Basra has established all the facilities required to receive the first shipment of oil equipment for Shell's Majnoon oil field in north of the province. Anmar al-Safi told the agency that Iraq's Transport Ministry […]
American oil-services company Weatherford International announced on Monday that it has completed the drilling of 20 oil wells in southern Iraq, at oilfields including Rumaila and Bazergan. Work is continuing at another 70 wells. The company's Director, Ramzi al-Harithy, told Aswat al-Iraq news agency during the recent Oil & Gas Exhibition in Basra that his […]
Halliburton signed the one-year contract with Shell on Tuesday to develop the Majnoon oilfield, according to a media source from Shell. Hanadi al-Salman told Aswat al-Iraq news agency that, “according to the new deal, Halliburton will set up operation centers to dig 15 new wells,” he added. When the contract win was originally announced in […]
Royal Dutch Shell (LSE: RDSB) has already raised oil production from Iraq's Majnoon field to 70,000 barrels a day, up from 45,000 barrels a day previously, the company's Chief Executive, Peter Voser, said on Tuesday. The risk of operating in Iraq has increased in recent months, but operations are still going well, he said. The […]
Iraq's South Oil Company, working with the IOCs, has set quarterly production targets for the country's southern oilfields for 2011, according to documents obtained by Reuters. Production is targeted reach an average of nearly 2.3m bpd by Q4 2011. Oilfields Q1 Q2 Q3 Q4 Rumaila 1,175,000 1,201,000 1,226,000 1,250,000 West Qurna 1 260,000 270,000 285,000 […]
Following our recent reporting of Petrofac's (LSE: PFC) new business in Iraq's Majnoon oilfield, the company issued its half-year results this morning (Monday). While the only reference to Iraqi business in the results was the following statement: "In Iraq, we have commenced early stage engineering work for an International Oil Company which is expected to […]
