Thursday, November 6, 2008

Royal Dutch Shell is first oil company to plan a joint venture in Basra staffed with expats

Royal Dutch Shell is to become the first big Western oil company to move large numbers of expatriate staff into Iraq to oversee its gas joint venture, The Times has learnt.

In recent weeks the Anglo-Dutch oil giant has been sounding out security companies, suppliers and logistics companies in Iraq about how to support an expatriate operation of as many as 200 people in Basra, where it has signed a preliminary deal worth up to $4 billion (£2.5 billion) to process and market natural gas.

Read the full article here on the Timeonline

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