Inform
Shell exits Majnoon: when the terms get tough, the tough get going
This report is currently unavailable
Report summary
Shell has decided to exit the super-giant Majnoon field in Iraq. Majnoon had scope to become a core asset for Shell – its large scale and low-cost is fundamentally attractive to build a long-term business lower down the cost curve. Iraq's recent history of improving fiscal terms for the harsh technical service contract offered some optimism. But the very poor fiscal terms and misalignment over the field development plan led to Shell's exit from the project.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Where next for Oman's gas growth?
Could LNG expansion be the logical next step?
$1,350
Asset Report
Abu Dhabi FSRU - LNG regas terminal
The Abu Dhabi FSRU terminal started operations in August 2016 when the Excelerate FSRU docked at Ruwais in Abu Dhabi.
$1,200
Insight
Petroleum fiscal systems: 2023 in review
Our summary of changes in upstream petroleum fiscal terms during the year.
$1,350