The Egyptian Drilling Company (EDC) has been awarded a new contract to operate a 1,500-horsepower (HP) onshore drilling rig for the Kuwait Oil Company (KOC), marking the first time an Egyptian company secures a drilli...
Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation, announced a new natural gas discovery at the offshore Al-Jazah field. The discovery set a historical national production record f...
Kuwait Oil Company (KOC) has made a hydrocarbon discovery at the Al-Jlaiaa offshore field within Kuwaiti waters, estimated to hold 800 million barrels (mmbbls) of medium-density oil and as estimated 600 billion standa...
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 as tw...
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 com...
Kuwait commenced operations in the country’s largest heavy oil project, located in the north, under the framework of raising its production capacity to 4 million barrels per day (mmbbl/d) by 2040, the National r...
Linking northern Kuwaiti oilfields to production facilities is expected to cost $360 million, as Kuwait Oil Company (KOC) is set to award a contract for relevant works before November 2019, Al-Anba Newspaper reported,...
Kuwait Oil Company (KOC) has pre-qualified 17 international companies to bid for a project to increase natural gas production in its northern fields and the tenders will be issued within one month, Zawya reported, cit...
The Kuwait Oil Company (KOC) has signed contracts worth $1.3 billion to buy over 86 drilling rigs, Kuwait Times reported. CEO Jamal Jaafar said that the contract represents the largest order in the company’s his...
Kuwait will continue its crude oil production, exploration and supply to the domestic market despite suffering from torrential rainfalls, oil sector spokesman Sheikh Talal Al-Khaled Al-Sabah said on November 15. The s...