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Halliburton wins Iraq oil contract

18 August 2010

An Iraqi oil official has said Iraq, along with oil and gas major Royal Dutch Shell and Malaysia's Petronas, has awarded a contract to Halliburton to drill 15 oil wells in the giant Majnoon oilfield, Reuters has reported. Petrofac also secured a contract to build two crude processing plants with a capacity of 50,000 barrels per day (bpd) each and to rehabilitate the existing crude plant, the official added. "These contracts are part of implementing the preliminary plan to develop Majnoon oilfield for the next two years," the oil official told the news service on condition of anonymity.

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