Royal Dutch Shell (RDS.A, RDS.B) expects its Majnoon oil field in Iraq to meet its 175K bbl/day...


Royal Dutch Shell (RDS.A, RDS.B) expects its Majnoon oil field in Iraq to meet its 175K bbl/day production target by the end of this year, despite a series of setbacks that have hampered its development. The production level is required for Shell to recover its costs under its deal with the Iraqi oil ministry.

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