Majnoon and West Qurna 2 projects will boost output
Two major rehabilitation projects will be delivering 325,000 barrels a day (b/d) of additional crude oil by the end of 2013, the MEED Iraq Energy Projects 2013 conference was told on 25 March in Dubai.
The Majnoon field project being developed by UK/Dutch Shell Group and Malaysia’s Petronas is due to start operating by the middle of the year and will have output of 175,000 b/d of oil. It has been shut down during the rehabilitation work.
The West Qurna 2 project is due to start producing 150,000 b/d of oil by the end of the year. Russia’s Lukoil said it aimed to lift production to 400,000 b/d by the middle of 2014.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.