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Posts on ‘December 11th, 2009’

Shell-Petronas win Iraq’s Majnoon oil deal

December 11, 2009 By The Associated Press SINAN SALAHEDDIN (Associated Press Writer)

BAGHDAD (AP) — A consortium led by European oil giant Shell has won the rights to develop Iraq’s giant Majnoon oil field, an almost 13 billion barrel behemoth that is the largest on offer in the country’s second international oil auction.

Iraqi Oil Minister Hussain al-Shahristani said Friday that Shell and Malaysia’s state-run oil company, Petronas, beat out another consortium grouping France’s… read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell-led group wins Iraq Majnoon oilfield deal

REUTERS

BAGHDAD, Dec 11 (Reuters) – Royal Dutch Shell (RDSa.L) and partner Petronas of Malaysia won a deal to develop Iraq’s super-giant Majnoon oilfield on Friday, said Oil Minister Hussain al-Shahristani, in the country’s second bidding round since the 2003 U.S. invasion.

The companies proposed a per-barrel fee of $1.39 and a plateau production target of 1.8 million barrels per day, (bpd) compared to a current level of 46,000 bpd.

France’s Total (TOTF.PA) had also bid for the Majnoon field, which has estimated reserves of 12.6 billion barrels of oil. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Exec: Haven’t Gotten OK For China Refinery JV With Qatar,PetroChina

SINGAPORE (Dow Jones)--Royal Dutch Shell Plc (RDSB) hasn't received official approval to build a refinery and petrochemical complex with Qatar Petroleum International and PetroChina (PTR) yet, a senior company executive said Friday.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

British groups vie for Iraq oil and gas contracts

Three British companies — BP, Cairn Energy and BG Group — are among the bidders, alongside companies such as Royal Dutch Shell, Total and Gazprom. Competition is expected to be fierce and the groups were reluctant to reveal which fields they wanted.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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