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OIL

Battlefield to oilfield development

SHELL has awarded a Foster Wheeler and Kentz joint venture the engineering, procurement and related services contracts for the lucrative Majnoon oil project in southern Iraq – where more than 12,000 wartime munitions have been cleared since 2010.

Blair Price
Battlefield to oilfield development

Located about 90km north of Basra, the Majnoon field measures are estimated to host about 38 billion barrels of oil in place, making it one of the world's largest fields. With an estimated acreage span...

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