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Anton, Petrofac Sign Deal to Operate Iraq's Majnoon Oilfield

Source: Reuters 4/5/2018, Location: Middle East

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The Iraqi oil ministry signed a two-year contract with Anton Oilfield Services and Petrofac to operate the giant Majnoon oilfield, two oil executives said.

The companies will operate the southern oilfield on behalf of Iraqi-state-owned Basra Oil Company which is taking over operations there from Royal Dutch Shell.

Shell had announced its intention to exit the field by the end of June.

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