Kuwait Energy Announces Oil Discovery in Egypt

• Sunday, 18th February 2018
• by Sarah Samir

Kuwait Energy Company announced an oil discovery in the Area A concession, which is located in Egypt’s Eastern Desert, as the South Kheir-1X (SK-1X) stabilized at an oil rate of 1,900 barrels per day (b/d) on 64...

Kuwait Energy Seeks $100m for Egyptian Fields

• Monday, 5th December 2016
• by Sarah Samir

Kuwait Energy Oil and Gas Exploration Company is currently planning to finalize a reserve-based lending (RBL) loan facility of up to $100m by the end of 2016. The fund will be used to finance operations in Egypt’...

Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt

• Tuesday, 17th April 2012
• by Egypt Oil & Gas

Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, operating Area A on behalf of the license holder Egyptian General Petroleum Corporation, annou...