You are here

Halliburton's $150m Iraq Oilfield Deal

Mission Accomplished! Halliburton's $150m Iraq Oilfield Deal 22 Aug 2010 Further to our report last week Halliburton has confirmed that it has been awarded a letter of intent by Shell Iraq Petroleum Development B.V. for the development of the Majnoon field in Southern Iraq. Dow Jones suggests the contract for the 15 wells could be worth $150m. The giant Majnoon field is one of the world’s largest oilfields.