December 21, 2017 / 7:02 AM / a year ago

Iraq oil ministry says has started to take over operations of Majnoon oil field

BAGHDAD, Dec 21 (Reuters) - Iraq’s oil ministry said on Thursday it had started to take over the operations of the Majnoon oil field from Royal Dutch Shell.

The ministry said in a statement that it had formed a local management team to handle production operations after Shell exits the field by the end of June next year.

A letter signed by Iraqi oil minister Jabar Luaibi, dated Aug. 23 and seen by Reuters, gave approval for the Anglo-Dutch company to quit Majnoon, a major oilfield near Basra which started production in 2014. (Reporting by Ahmed Rasheed; Editing by Joseph Radford)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below