Shell Lubricants, a subsidiary of Royal Dutch Shell PLC (RDSA), has signed a contract with an Iraqi local company to distribute Shell lubricants in the Iraqi market, a Shell official told Dow Jones Newswires Tuesday.
Iraq’s Majnoon oilfield, operated with Royal Dutch Shell, should be ready to produce 175,000 barrels per day (bpd) by the end of 2012, an output level that triggers cost recovery and service fee payments, a senior company official said on Tuesday.
Iraq has been, since 2008, negotiating with Royal Dutch Shell to establish a joint gas company to capture flared gas from three giant oil fields in the province of Basra. The joint venture is based on a proposal by Iraq to create a joint world class gas company with Iraq’s state‐owned South Gas Company (SGC) [...]
The Iraqi council of ministers has finally given its final stamp of approval today for the first gas deal of its kind in Iraq’s energy history based on the agreement initialized on July 12 between Royal Dutch Shell, Mitsubishi and South Gas Co, to capture and process flared gas in southern Iraq. This deal would [...]
The Iraqi cabinet approved an agreement with Royal Dutch Shell (Shell) and Mitsubishi Corporation, forming a joint venture to gather raw gas from three major oil fields.