Kuwait Energy | Egypt Oil & Gas - Part 3

Kuwait Energy Seeks $100m for Egyptian Fields

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’...

Egypt, Iraq Talked Oil Relations

A press release to Egypt Oil&Gas stated that the Egyptian Minister of Petroleum, Tarek El Molla, visited Iraq. While in the country, El Molla met with the Iraqi Prime Minister, Haider al Abadi, and discussed possi...

Egypt Bought 15% in Iraqi Gas Field

The Egyptian General Petroleum Corporation (EGPC) has signed a contract with Kuwait Energy oil firm on its Siba gas field, which is located southeast of Basra Governorate in Iraq, reported Egypt Independent. According...

Al-Jahra SE-1X Oil Well Starts Production

Kuwait Energy PLC announced that production of Al-Jahra SE-1X oil well located in Abu Sennan concession in Egypt’s Western Desert has started, reported Kuwait News Agency (KUNA) . The company’s CEO, Sara A...

Kuwait Energy Signs Block 9 Oil Sales Agreement with Iraq

Kuwait Energy announced the signing of Iraq’s Block 9 Export Oil Sales Agreement with the State Oil Marketing Company (SOMO), an Iraqi national company responsible for marketing nation’s oil, Kuwait News A...

Kuwait Energy Announces New Oil Exploration Investments in Egypt

Kuwait Energy CEO, Eng. Sara Akbar, said the company plans to pump more investments in the development of oil exploration fields in Egypt during the coming period in addition to its overall investment portfolio in the...

EGPC, Kuwait Energy to Join Forces in Iraq

The Egyptian General Petroleum Corporation (EGPC) signed an agreement with Kuwait Energy, forming a joint venture that will explore in Iraq, reported State Information Services. Under the agreement, the Kuwaiti compan...

Petrojet Wins $185m Contract for Iraq Gas Project

Egypt’s state-owned Petrojet has been awarded a $185m contract to build the first gas-processing plant for Iraq’s Siba oilfield, operated by Kuwait Energy, reported Amwal al Ghad. According to Mohamed Shimy Director o...

UPDATE: New Well a Success in Western Desert, States Kuwait Energy Press Release

Kuwait Energy (“the Company”) an independent oil and gas company with assets across the MENA region, and their main partner, the Egyptian General Petroleum Corporation (EGPC), announces that the exploratio...

Kuwait Energy Completes Testing Al Jahraa-3

Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash “C” member oil producer. The Al Jahraa-4 oil appr...

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