Kuwait Oil Company (KOC) | Egypt Oil & Gas - Part 2
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, according to Bloomberg. “That [higher demand] will support oil prices and support refi...
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, The National reported. A statement by the Kuwait Oil Company (KOC) on Monday did not identify th...
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, KUNA reported. Kuwait Oil Company’s (KOC) CEO, Jamal Jaafar, noted that the heavy oil production will gra...
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, World Oil reported. ...
KOC, Weir Oil&Gas Signed $12m Deal
Khuff Trading and Contracting has signed an agreement with Kuwait Oil Company (KOC) for the purchase of 295 Seaboard™ wellheads, worth about $12m, reported Weir’s website. Under the terms of the agreement, Khuff...
