Kuwait Oil Company (KOC)

Kuwait to Raise Production to 4 MMBBL/D by 2040

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.

KOC to Award $360 MM Contract By November

Launching production in northern Kuwaiti oilfields could cost $360 million with Kuwait Oil Company (KOC) expected to award the contract before November.

Kuwait Announces Potential Bidders for Gas Project

Kuwait Oil Company (KOC) has pre-qualified 17 international companies to bid for a project to increase natural gas production in its northern fields.

KOC Signs $1.3B Contracts for Purchasing Drilling Rigs

The Kuwait Oil Company (KOC) has signed contracts worth $1.3 billion to buy over 86 drilling rigs.

Kuwait to Continue Production Despite Huge Rainfalls

Kuwait will continue its crude oil production, exploration and supply to the domestic market despite suffering from torrential rainfalls.

NPCC Wins Kuwaiti EPC Contract

Abu Dhabi’s National Petroleum Construction Company (NPCC) has won a $231-million engineering, procurement and construction (EPC) contract to install new desalter trains for the Kuwait Oil Company (KOC).

Kuwait’s Oil Minister: Demand to Rise by 1.5M b/d

Global oil demand will increase 1.5 million barrels per day (b/d) next year, Kuwait’s Oil Minister, Bakheet El Rashidi, predicted.

Kuwait in State of Emergency over Oil Leak

Kuwait’s national oil company has declared a state of emergency following an oil leak in one of its southwestern fields.

Kuwait to Start Heavy Oil Production by 2018

Kuwait will begin heavy oil production by the end of 2018, with roughly 10,000 to 15,000 b/d at Ratqa refinery.

KOC to Enhace Reservoir Models with Roxar RMS

Emerson Automation Solutions has supplied its Roxar RMS reservoir modeling software to Kuwait Oil Company (KOC). The new licenses will be used to build more accurate and detailed reservoir models.

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