Economics
Antonoil, Petrofac to take over Majnoon from Shell
Oil executives have told Reuters that the Iraqi Oil Ministry has signed a two-year contract with China’s Anton Oilfield Services (Antonoil) and Petrofac to operate the giant Majnoon oilfield. The companies will operate the oilfield on behalf of the state-owned Basra Oil Company, which will take over operations from Shell by the end of June.
Source: http://www.iraq-businessnews.com/2018/04/10/antonoil-petrofac-to-take-over-majnoon-from-shell/
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