Project Profile
Estimated Value: US$300 million
Capacity: 50,000 b/d
Production: 220,000 bpd (400,000 bpd after expansion)
Location: Al-Basrah Province, Iraq
Start-up Year: 2012
Majnoon oil field is a super-giant oil field located 60 km (37 mi) from Basra, Basra Governorate in southern Iraq. Majnoon is one of the richest oil fields in the world with an estimated 23-25 billion and proven reserves of 12.6 billion of barrels of oil in place. The field was named Majnoon which means crazy in Arabic in reference to excessive amount of oil in a dense area. The scope of the Majnoon Oil field Project includes building two new crude processing plants with a capacity of 50,000 barrels per day each and boosting capacity at an existing processor to 120,000 b/d from 100,000 b/d. The project will also include a 50MWe power plant. Under the terms of the contract, the partners will produce a peak volume of 1.8 million b/d of oil from the field. The deal is for 20 years. Majnoon currently produces 46,000 b/d. An expansion to more than 400,000 bpd is planned to take place between 2019-2020.
Contractors:
Agility Public Warehousing Company (KSC): A three-year logistics contract
Dodsal: EPC - Pipeline
Enka: Install and operate two production facilities
Foster Wheeler Kentz Energy Services: engineering, procurement and related services
General Electric (GE): Supplying equipment for power plant
Halliburton: Drilling 15 wells and PMC development work with Nabors and Iraq Drilling Co., secured drilling services in 2017 for the Majnoon oilfield.
Iraq Drilling Company: PMC development work with Halliburton and Nabors Drilling
Nabors Drilling: PMC development work with Halliburton and Iraq Drilling Co.
Petrofac:
- EPC contract to build and upgrade production facilities
- Contract to supply technical training to Royal Dutch Shell in Iraq. Petrofac Training Services has joined Shell in the management and operation of Shell\'s Majnoon training center in the Majnoon oilfield development in southern Iraq for two years, with an optional one-year extension. PTS will also provide human resources, including project managers and HSE, technical, and English language trainers, as well as administrators, with a focus on supporting the competency development of the national workforce. (October 2015)
Wood Group-CCC: O&M contract
Subcontractors:
Alderley Plc: Crude oil metering systems