Shell Presses Ahead with Majnoon Development
At CWC‘s Iraq Petroleum 2012 conference in London last week, the head of Shell‘s operations in Iraq gave a detailed account of progress at the Majnoon oilfield, in which Shell has a 45% stake.
Mr Hans Nijkamp said that Shell Iraq Petroleum Development manages all contracts on behalf of the Majnoon venture, and that there are currently 2,200 staff and contractors at the site, with 1,850 of those being local Iraqis.
A drilling programme, targeting new 15-20 wells, is ongoing, while the construction of a jetty on the Shatt al-Arab has been completed, minimising the road transportation needed for production equipment.
In addition to the Majnoon Pioneer Camp, 10 more camps are being built for contractors.
Several Social Investment projects (SI) have also been delivered in the areas of education, health and capacity building.
Shell’s other partners in the venture are Petronas (30% share) and the Missan Oil Company, representing the Iraqi State (25% share).