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Shell to Start Majnoon Oil Output
Posted on 18 May 2013.
By John Lee.
Shell is to start producing crude at the Majnoon oil field (pictured) as early as next month.
Bloomberg quotes the company’s regional vice president, Mounir Bouaziz, as saying that output will start “around mid-year” and increase to 175,000 bpd by the end of 2013.
He said that the project had faced “teething problems”, mainly due to the unexpected quantities of unexploded munitions at the field, customs-related delays of imported equipment and slow processing of entry visas, but added, “however, what is encouraging is that we do see real improvements in these administrative processes.”
(Source: Bloomberg)
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Posted on 18 May 2013.
By John Lee.
Shell is to start producing crude at the Majnoon oil field (pictured) as early as next month.
Bloomberg quotes the company’s regional vice president, Mounir Bouaziz, as saying that output will start “around mid-year” and increase to 175,000 bpd by the end of 2013.
He said that the project had faced “teething problems”, mainly due to the unexpected quantities of unexploded munitions at the field, customs-related delays of imported equipment and slow processing of entry visas, but added, “however, what is encouraging is that we do see real improvements in these administrative processes.”
(Source: Bloomberg)
[You must be registered and logged in to see this link.]
