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

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

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.