BAGHDAD, Dec 11 (Reuters) - Royal Dutch Shelland partner Petronas of Malaysia won a deal to develop Iraq's super-giant Majnoon oilfield on Dec. 11, said Oil Minister Hussain al-Shahristani, in the country's second bidding round since the 2003 U.S. invasion.
The companies proposed a per-barrel fee of $1.39 and a plateau production target of 1.8 million barrels per day, (bpd) compared to a current level of 46,000 bpd.
France’s Total <TOTF.PA> had also bid for the Majnoon field, which has estimated reserves of 12.6 billion barrels of oil.
