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Shell-Petronas win Iraq’s Majnoon oil deal

December 11, 2009 By The Associated Press SINAN SALAHEDDIN (Associated Press Writer)

BAGHDAD (AP) — A consortium led by European oil giant Shell has won the rights to develop Iraq’s giant Majnoon oil field, an almost 13 billion barrel behemoth that is the largest on offer in the country’s second international oil auction.

Iraqi Oil Minister Hussain al-Shahristani said Friday that Shell and Malaysia’s state-run oil company, Petronas, beat out another consortium grouping France’s…

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