41:
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and
Petronas included drilling over 40 production wells, construction of three gas separation stations and two crude oil processing refineries with overall capacity of 100,000 barrels per day (16,000 m/d). The official start date was March 1, 2010. In Phase I of the project, the consortium intended to increase production from 45,000 to 175,000 barrels per day (27,800 m/d) within a two-year period (i.e. until 2012).
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48:
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According to the 2009/2010 deal, the consortium was to increase production to a peak of 1.8 million barrels (290,000 m) of oil per day within a seven-year period. Majnoon was the first Iraqi field out of 10 major ones offered to international companies for development. The contract with Shell
454:
In 2010 it was claimed that the production at
Majnoon would move Iraq from the 11th place to the 3rd among oil producing nations after only Saudi Arabia and Iran. The country sits on 150 billion barrels of oil and produced 2.5 million barrels per day (400,000 m/d) in 2010. In 2010, Iraq was
390:
Shell agreed at the end of 2017 to exit the venture and hand over its operation to Basra Oil
Company (BOC) by the end of June 2018. Shell was the operator and holder of 45 percent stake at Majnoon, with Malaysia's Petronas owning 30 percent, and Iraq's Missan Oil Company holding the remaining 25
394:
In April 2018, Chinese company Anton
Oilfield Services signed an Integrated Facilities Management Services Contract (IFMS) with Iraq's oil ministry, a two-year deal with a one-year extension option, to operate maintenance and production of the Majnoon field on behalf of Basra Oil Company.
402:
announced that it has been awarded an engineering, procurement and construction management contract (EPCM) by Basra Oil
Company (BOC) for the development of the project and construction side of the Majnoon Oil Field in Basra, Iraq.
383:, Total specifically bidding on Majnoon field. The finalist alliance of CNPC and Total offering $ 1.75/barrel lost the bid. The deal intended a 20-year service and development of the field. The contract was approved by
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10 m) at a fee rate of $ 1.39/barrel. The consortium was awarded the contract out of 44 international companies, participating in the auction, with
98:
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In
January 2021, Anton Oilfield Services and Basra Oil Company agreed to renew their IFMS for two more years (each year a one-year extension option).
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to take over operations at
Majnoon Oilfield, and triple production from the estimated reserve of nearly 12.6 billion barrels (2.00
284:. Majnoon is one of the richest oilfields in the world with an estimated 38 billion barrels of oil reserves. The field was named
809:
324:. At the time, Braspetro had finished drilling of 20 wells and pressed 14 drilling rigs into service. In the course of the war,
391:
percent. In June 2018 officials from Shell and Basra Oil
Company met to mark the handing over of the operations of the field.
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expected to increase oil production to 7 million barrels per day (1,100,000 m/d) within six years, thus competing with
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Until June 2018 (when Shell - the operator exited) Shell held a 45% stake in all licences, Petronas 30% and
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formation. Development came to a halt in 1980 during the engineering phase of the project, due to
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which proved 4,000 barrels (640 m) of oil per day. Mishrif carbonates, Nahr Umr sands (
431:
313:
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sanctions imposed on Iraq. The deal was eventually annulled by
Hussein in 2002. Due to the
352:, production was reduced to 46,000 barrels per day (7,300 m/d). In 2007, Total and
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On
December 11, 2009, the Iraqi government awarded a license to a joint venture from
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company in 1975, under the leadership of Bolivar Montenegro Guerra in a shallow
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signed an agreement with Iraqi government to explore the Majnoon field.
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463:, compared to Saudi Arabia's nearly 9 million barrels per day.
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78:
598:"Under Tight Security, Iraq Sells Rights to Develop 2 Oil Fields"
325:
281:
67:
758:"Iraq and Shell consortium sign the Majnoon Oilfield contract"
834:"Royal Dutch Shell plc welcomes Iraq Majnoon contract award"
718:"Shell Consortium Wins Contract on Iraq's Majnoon Oil Field"
296:
in reference to excessive amount of oil in a dense area.
786:"China's Anton Oil Expands Iraq Presence As Shell Exits"
696:"Iraq's Giant Majnoon Oil Field to Top Friday's Auction"
645:"Shell signs initial deal to develop Majnoon oilfield"
888:"Iraq's Majnoon oilfield to hit 175,000 boed in 2012"
542:. MEED. Middle East business intelligence since 1957
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919:Map of Iraqi Oil and Gas Developments from Rigzone
866:"Shell to Boost Iraq Majnoon Oil Output, Eyes Gas"
332:of Iraq restarted the production. In the1990's,
328:occupied and sabotaged the area. After the war,
670:"Iraq oil development rights contracts awarded"
624:"Iraq oil development rights contracts awarded"
540:"Iraq agrees Majnoon oilfield development plan"
574:"Offshore-technology.com Majnoon Field, Iraq"
8:
742:: CS1 maint: multiple names: authors list (
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858:
438:) and Shuaiba carbonates and Zubair sands (
716:Hassan Hafidh; James Herron (2009-12-11).
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810:"Shell Exits Majnoon Oil Field In Iraq"
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344:but was unable to sign the deal due to
340:negotiated a development contract with
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459:. However, in 2023 Iraq only produced
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276:located 60 km (37 mi) from
7:
373:China National Petroleum Corporation
25:
868:. Iraq Business News. 2010-03-30
596:Williams, Timothy (2009-12-11).
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461:4.3 million barrels per day
46:
39:
226:245,000 barrels per day (~1.22
886:Luke Pachymuthu (2010-03-29).
1:
244:12,600 million barrels (~1.72
840:. 2009-12-11. Archived from
694:Hassan Hafidh (2009-12-07).
385:Council of Ministers of Iraq
304:The field was discovered by
960:
538:Adal Mirza (2010-04-25).
223:Current production of oil
34:
398:In May 2018, US company
164:Anton Oilfield Services
626:. BBC News. 2009-12-11
442:) form the pay zones.
241:Estimated oil in place
416:Iraqi Ministry of Oil
144:31.06611°N 47.61083°E
387:on January 5, 2010.
381:Sinochem Corporation
330:Southern Oil Company
259:Producing formations
723:Wall Street Journal
195:Service contractors
140: /
110: /
55:Location of Majnoon
944:Oil fields of Iraq
603:The New York Times
188:Missan Oil Company
149:31.06611; 47.61083
838:Royal Dutch Shell
836:(Press release).
760:(Press release).
508:Rumaila oil field
436:Middle Cretaceous
430:zone consists of
361:Royal Dutch Shell
322:Operation Kheibar
272:is a super-giant
270:Majnoon Oil Field
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178:Basra Oil Company
16:(Redirected from
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898:on July 15, 2012
894:. Archived from
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440:Lower Cretaceous
432:Upper Cretaceous
426:Majnoon's first
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314:Upper Cretaceous
262:Upper Cretaceous
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85:Offshore/onshore
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913:External links
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346:United Nations
342:Saddam Hussein
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114:31.3°N 47.36°E
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844:on 2009-12-14
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205:Field history
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18:Majnoon Field
900:. Retrieved
896:the original
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870:. Retrieved
846:. Retrieved
842:the original
828:
817:. Retrieved
814:OilPrice.com
813:
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793:. Retrieved
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766:. Retrieved
764:. 2010-01-17
752:
727:. Retrieved
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700:. Retrieved
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676:. 2009-12-11
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653:. Retrieved
651:. 2009-12-12
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628:. Retrieved
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577:. Retrieved
544:. Retrieved
503:Ghawar Field
457:Saudi Arabia
453:
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289:
288:which means
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280:in southern
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481:Iraq portal
180:(BOC) - 45%
147: /
119:31.3; 47.36
117: /
93:Coordinates
902:2010-05-21
872:2010-05-21
848:2009-12-11
819:2019-01-09
795:2024-04-21
768:2010-05-21
729:2010-05-21
702:2010-05-21
680:2010-05-21
655:2009-12-11
630:2009-12-11
609:2009-12-11
579:2010-05-21
546:2010-05-21
519:References
446:Production
377:ExxonMobil
334:Total S.A.
236: t/a)
218:Production
135:47°36′39″E
929:Braspetro
738:cite news
698:. Rigzone
649:France 24
422:Reservoir
400:KBR, Inc.
310:Brazilian
306:Braspetro
274:oil field
210:Discovery
132:31°3′58″N
938:Category
924:Iraq oil
674:BBC News
467:See also
410:Licences
375:(CNPC),
365:Petronas
254: t)
185:- (30%)
183:Petronas
174:Partners
168:Petrofac
160:Operator
74:Location
892:Reuters
354:Chevron
300:History
286:Majnoon
190:- (25%)
105:47°22′E
102:31°18′N
88:onshore
64:Country
30:Majnoon
338:France
294:Arabic
762:Shell
418:25%.
290:crazy
278:Basra
79:Basra
77:near
790:MEES
744:link
363:and
326:Iran
308:, a
282:Iraq
268:The
213:1975
68:Iraq
428:pay
336:of
292:in
199:KBR
940::
890:.
857:^
812:.
788:.
777:^
740:}}
736:{{
720:.
672:.
647:.
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588:^
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526:^
379:,
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771:.
746:)
732:.
705:.
683:.
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633:.
612:.
582:.
549:.
369:×
252:^
246:×
234:^
228:×
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
