Shell to spend $1bn on Majnoon field

Anglo-Dutch supermajor Shell will spend more than $1 billion this year developing one of Iraq's major oilfields, where it will resume operations on 1 May.

Field development: a flame rises from a tower at Majnoon oilfield in Iraq's southern province of Basra
Field development: a flame rises from a tower at Majnoon oilfield in Iraq's southern province of Basra
Published 18 March 2013, 02:44Updated 11 October 2016, 14:31
Middle East