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Ear to the Ground

Iraq Oil Contracts Auctioned

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Posted on Dec 11, 2009
flickr.com / B69D

Shell and Petronas plan to get 1.8 million barrels a day from the Majnoon oil field, which currently produces 46,000 barrels a day.

After a bidding war among 44 oil companies, Shell of the United Kingdom and Petronas of Malaysia have jointly won the right to 10 oil fields in Iraq, in the second such auction since the 2003 invasion. —JCL

The BBC:

A joint venture between the UK’s Shell and Malaysia’s Petronas oil companies has won the right to develop Iraq’s giant Majnoon oil field.

[...] Shell and Petronas beat a rival bid from France’s Total and China’s CNPC.

Although Majnoon is a huge oil field, with reserves of 13 billion barrels of oil, it currently produces just 46,000 barrels per day.

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By johannes, December 13, 2009 at 3:18 am Link to this comment

Yes, they are all muddeld up, its all the same killerwale way of thinking and handling, I am Dutch and its tru and origenaly Shell whas Dutch, but that we are proud the way they make their money no, but we have the excuse if Shell don’t do it its an other killerwale oilpomper who will do it, its all the same blood money.

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By truedigger3, December 12, 2009 at 2:26 pm Link to this comment

Johannes wrote:
“Sorry but the shell is an Dutch company.”
_____________________________________________________

The Shell company is Dutch because it is registered and having its headquarters in Holland, but most of its share holders and management are British.!

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By radson, December 12, 2009 at 12:38 pm Link to this comment

To rfidler     So the lack of US companies developing Iraqi oil is just a form of rope-a-dope, being performed by———-US oil companies, designed to lull the gullible into thinking that they really don’t run the planet after all.————————-

Not quite ,but the original reasons for invading Iraq were not stated as being due to the obvious oil wealth and if you followed President Obama’s speeches lately then the US Administration still maintains this version .

And last time I checked, Iraq was part of OPEC, but I may be wrong. How could awarding contracts to companies based in countries far more symapthetic to Saudi/Arab/Palestinian interests than the US be construed as more of a threat to the Saudis than if ExxonMobile won the contracts?——————————————-

What I’m saying is that OPEC will be redefined in the future.The Palestinian Predicament is not just about a One State or Two State solution ,they are basically being held as hostages.Exxon Mobile is far from going broke and if you invested in the Company then be patient .like I stated Tribute will be coming .It’s not really a threat to the Saudi’s but more of a business reevaluation.

And are you saying that US Big Oil “allowed” the Russians, Dutch(!) and Malaysian to win those contracts as some sort of payoff to keep the Iranians in line at the UN?————————-

Not necessarily Big Oil but an Allied Consensus ,and Yes to the last part although the Malaysians is a different matter and the US requires Russian and Chinese cooperation with the Iranian question.

And where do the Chinese fit in to your conspiracy? I would think that, if we were worried about repaying the Chinese, we’d want to DIRECTLY control as much of the world’s oil as possible so we could generate as much revenue as possible, and not play some silly shell (no pun intended) game.———————————————————

There is no Chinese conspiracy ,but merely a continuation of Global business and as you have noticed ,the Chinese are now part of the World Stage ,yet they don’t project power in the way that America does and repaying them is the Capitalistic thing to do.

But let’s say you’re right. Tell me then how the directors at ExxonMobile will explain to their stockholders why they voluntarily walked away from a multi-billion dollar deal because they were afraid of the Iranians. What part of ExxonMobile’s business plan involves international power diplomacy or a calculation of Iranian military nuclear ambitions?———————————————————

Exxon Mobil is not afraid of the Iranians on the contrary and no ,they didn’t walk away from Iraqi oil interests ,at the moment it’s more of a political decision -the emphasis being on the righteousness of the Iraqi enterprise ,to put it bluntly there is more at stake than Iran’s Nuclear Ambitions it’s more about the control and flow of oil in a less constricted environment and America cannot be portrayed as a villain.

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By rico, suave, December 12, 2009 at 11:08 am Link to this comment

radson:

So the lack of US companies developing Iraqi oil is just a form of rope-a-dope, being performed by———-US oil companies, designed to lull the gullible into thinking that they really don’t run the planet after all.

And last time I checked, Iraq was part of OPEC, but I may be wrong. How could awarding contracts to companies based in countries far more symapthetic to Saudi/Arab/Palestinian interests than the US be construed as more of a threat to the Saudis than if ExxonMobile won the contracts?

And are you saying that US Big Oil “allowed” the Russians, Dutch(!) and Malaysian to win those contracts as some sort of payoff to keep the Iranians in line at the UN?

If so, do you have any proof?

And where do the Chinese fit in to your conspiracy? I would think that, if we were worried about repaying the Chinese, we’d want to DIRECTLY control as much of the world’s oil as possible so we could generate as much revenue as possible, and not play some silly shell (no pun intended) game.

But let’s say you’re right. Tell me then how the directors at ExxonMobile will explain to their stockholders why they voluntarily walked away from a multi-billion dollar deal because they were afraid of the Iranians. What part of ExxonMobile’s business plan involves international power diplomacy or a calculation of Iranian military nuclear ambitions?

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By radson, December 12, 2009 at 10:31 am Link to this comment

To rfidler

This is just the ongoing saga to maintain control of the Middle Eastern Oil muddle that many Global Players are involved in .Have you given thought to the fact that the US owes an enormous amount of money to the
Chinese and one day will have to pay back the debt ,also the Russian contracts are a convenient way of winning their support and I may add that of the Chinese to pressure Iran to toe the line so to speak with reference to Iran’s Nuclear Ambitions ,but there’s more involved than just the Nuclear issue regardless of what is being Mass produced in the press.The Iranian negotiators have confirmed that they will comply to the
enrichment Swap Program ,more than likely due to the probability that the Russians and Chinese would acquiesce to a new round of sanctions against their country in the form of HR 2194.The Saudi’s should begin to
feel nervous with the resurgent flow of oil and the highly likely Undermining of Opec which this new flow will create ,but the Moderates in Arabia are still too worried about the Iranians ,without perhaps realizing the Divide and Conquer strategy is actually to their detriment.The Gulf States are slowly but surely being squeezed and how adaptable they will become under this new pressure is yet to be revealed ,for the time being they have enough money to ward off the Hawks ,but in the long run they are going to have to compromise.The West after all does control the oceans and airspace to a very large extent on the planet except perhaps in Central Asia ,but then again the Russian’s and Chinese are also business orientated and the Iranian’s hold an ace in this geopolitical oil rich region and if they open up to foreign investors the Gulf States will definitely cringe.The US at the moment may seem to be spreading the wealth and the Headlines are in a sense depicting just that ,but not to worry they will claim their share of Tribute in due time but at the moment it’s more politically feasible to proclaim righteousness .

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By rico, suave, December 12, 2009 at 7:29 am Link to this comment

Now we find out that Iraq has awarded two big RUSSIAN oil companies, Lukoil and Statoil, contracts to develope a huge field in Iraq.

It seems so far that US Big Oil (you know, run by Bush and Cheney, and responible for the war in the first place) has been pretty much left out in the cold.

Really now. Can any of you “Blood for Oil” conspiracists explain this to me?

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By johannes, December 12, 2009 at 3:34 am Link to this comment

Wo do you think you are, the rulers of the earth, you are just used to take the hot burning coal out of the fire, and than they come home and start murdering eats other, you think you can use drones, well no this will not be forgethen, its an more technical way of doing an hollocaust without witness.

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By bogglesthemind, December 11, 2009 at 8:39 pm Link to this comment

rfidler

You seem to know just ‘who’ the Bush Famiglia’s friends are.  Very interesting
connections you have there.

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By rico, suave, December 11, 2009 at 6:50 pm Link to this comment

How can it POSSIBLY be that two non-US companies have won these contracts? Who the fuck do these Iraqi ingrates think they are, letting out for bidding, and awarding to foreigners no less, oil contracts that were supposed to be given, gratis to the US? I thought Dick Cheney and W were supposed to have locked ALL of Iraqi oil up for their Texas oil buddies. I thought the whole point of this war was to secure Iraqi oil for the sole use of the US market. What the fuck happened?

ardee, folktruther, please set me straight!

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By bogglesthemind, December 11, 2009 at 4:40 pm Link to this comment
(Unregistered commenter)

Hahahahahahahah . . . who would have ever guessed?

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By ChaoticGood, December 11, 2009 at 2:33 pm Link to this comment

Does any of that money go to the families of our servicemen and women who died for that oil?

What a silly question…

I already know the answer.

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By johannes, December 11, 2009 at 2:04 pm Link to this comment

Sorry but the shell is an Dutch company.

De Koninklijke Nederlandse olie Mij.
The royal Dutch oil comp.

The Dutch Royal famelie has a big portion of the starting kapital, first parts.

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