Kuwait | Egypt Oil & Gas

Kuwait Petroleum Signs Two-Year Crude Storage Agreement in Korea

Kuwait Petroleum Corporation has signed a two-year agreement with Korea National Oil Corporation (KNOC) for the storage of up to 4 million barrels of crude oil within KNOC’s storage facility located in Ulsan.

ADES Secures $640M Drilling Rig Contracts in Kuwait

ADES Holding Company (ADES) has secured six onshore contracts through its subsidiary with Kuwait Oil Company (KOC). The Award includes new contracts for four of the ADES’ current operating rigs in Kuwait as well a ...

Kuwait Signs Nine Drilling Contracts, Strengthens Heavy Oil operations

Kuwait Oil Company (KOC) has signed nine contracts with five local companies aimed at providing nine surface drilling rigs (550 HP) for heavy oil production operations in the North Kuwait fields for five years, at ...

El Molla Participates in Kuwait’s National Celebrations

On behalf of Prime Minister Mostafa Madbouly, Minister of Petroleum and Mineral Resources Tarek El Molla participated in the celebration of Kuwait's National Independence Day and its 32nd anniversary of Liberation ...

El Molla Heads Egyptian Delegation at OAPEC Meeting in Kuwait

Minister of Petroleum and Mineral Resources Tarek El Molla headed the Egyptian delegation participating in the 109th ministerial conference of the Council of Ministers of the Organization of Arab Petroleum Exporti ...

El Molla, KUFPEC Discuss Company Activities, Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla met with Kuwaiti Ambassador in Cairo Ghanem Saqer Al-Ghanem and Mohammed Al Sarhan, the Kuwait Foreign Petroleum Exploration Company's (KUFPEC) Country Ma ...

El Molla: Egypt Keen to Boost Joint Investment Cooperation with Kuwait

Minister of Petroleum and Mineral Resources, Tarek El Molla, pointed out Egypt's keenness to expand the base of joint investment cooperation with Kuwait in the oil and gas sector in its various activities, includi ...

Kuwait Petroleum Corporation Seeks $1B in Financing from Banks

A parliamentary document reviewed by Reuters shows that Kuwait Petroleum Corporation plans to borrow up to $1 billion from banks including HSBC and JPMorgan.

Kuwait Qualifies 70 Companies for Oil Projects

Kuwait announced that it has qualified around 70 local companies, particularly the small and medium-sized petroleum enterprises, to be awarded by the Kuwaiti government.

Kuwait Sets Deadline for Jurassic Gas Bids

Bidding companies are required to submit technical and financial bids for the two Jurassic gas projects, including the establishment of pipelines and processing facilities.

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