Cabinet agrees to award its first major contract to Shell

Issue 836 - 16 Sep 2008 | 3 minute read

In a deal said to be worth around $4bn, the government has agreed to award Royal Dutch Group a contract to capture and use flared gas in the southern region of Basra. This represents the first deal signed between the government’s South Oil Company, responsible for developing southern oil fields, and a western oil company since the US-led

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