Iraq oil development rights won by Shell
Source: BBC
A joint venture between the UK's Shell and Malaysia's Petronas oil companies has won the right to develop Iraq's giant Majnoon oil field.
The venture offer beat a rival bid from France's Total and China's CNPC.
A total of 44 companies are bidding for 10 fields in the second live auction to take place this year.
Eight contracts to run oil and gas fields were up for tender in June, although only one was agreed - with BP and CNPC. LinkHere
FWIW, no American companies won a service contract in June or December.
A joint venture between the UK's Shell and Malaysia's Petronas oil companies has won the right to develop Iraq's giant Majnoon oil field.
The venture offer beat a rival bid from France's Total and China's CNPC.
A total of 44 companies are bidding for 10 fields in the second live auction to take place this year.
Eight contracts to run oil and gas fields were up for tender in June, although only one was agreed - with BP and CNPC. LinkHere
FWIW, no American companies won a service contract in June or December.
posted by Kangaroo Brisbane Australia at 3:04 PM
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