Kuwait | Egypt Oil & Gas

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.

KOC Inks Two Deals to Treat Petroleum-Contaminated Soil in Kuwait

The Kuwait Oil Company (KOC) has inked two new deals to treat the soil polluted by crude oil during the Iraqi occupation in the northern and southern areas of the country.

Kuwait Inaugurates its First LNG terminal

Kuwait has inaugurated its first permanent liquefied natural gas (LNG) terminal, Al Zour LNG terminal, for its LNG importing business.

Kuwait Makes Three New Oil Discoveries

The Kuwaiti Minister of Oil, Electricity and Water, Mohammed Al-Faris announced the discovery of three new oil fields in different regions of the country for Kuwait Oil Company (KOC).

Six Arab Countries Reassert Compliance to OPEC+ Deal

The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain reconfirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets.

Production Restarts at Wafra Oilfield

Crude oil production resumed on July 1 at the Wafra oilfield, which is a joint venture between Kuwait and Saudi Arabia.

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