View Full Version : Oil Ministry starts taking over Majnoon Ops

Investors Iraq News
12-21-2017, 12:13 PM
By John Lee.
Reuters reports that Iraq’s oil ministry has said it had started to take over operations at Majnoon oilfield (http://www.iraq-businessnews.com/list-of-oil-and-gas-fields-in-iraq/oil-and-gas-fields-majnoon/) from Shell (http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-shell/).
Earlier this year, Shell said it will exit the field (http://www.iraq-businessnews.com/2017/09/14/shell-to-exit-iraqi-oil-business/), which is expected to happen by the end of June.
The ministry has formed a management team to handle production after the exit.
(Source: Reuters)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2017/12/21/oil-ministry-starts-taking-over-majnoon-ops/)

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