Kuwait | Egypt Oil & Gas - Part 13

Kuwait Petroleum Signs Deal for Long-Term LNG Supply

Kuwait Petroleum Corp (KPC) signed an agreement with an international firm securing the long-term supply of liquid natural gas (LNG).

Kuwaiti Oil Price Increases by 0.5%

Kuwait’s oil price has increased by 0.525% in the past few days.

KOC to Seal Offshore Contracts in March

Kuwait Oil Company plans to sign contracts in March 2018 for the next round of offshore drilling, the Kuwait Petroleum Corporation has announced.

Kuwait Petroleum to Produce 4.75 b/d by 2040

Kuwait Petroleum Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.

KNPC to Establish 10 Gas Stations Worth $51.25 M

Kuwait National Petroleum Company (KNPC) has packed a deal with Combined Group Contracting Company (CGC) to establish 10 new gas filling stations across Kuwait for around $51.25 million.

KPI Acquires 50% of Omani Refinery

Kuwait's High Petroleum Commission announced that Kuwait Petroleum International (KPI) acquired 50% share of Oman's Duqm refinery.

Kuwait Increases Oil Prices by 0.44%

Kuwait increased crude oil prices by 0.44% to be $63.78 per barrel, compared to $63.5 per barrel on December 29th, 2017.

KOTC to Expand Fleet

Kuwait Oil Tanker Company (KOTC) plans to expand its fleet by eight tankers.

KPC, Shell Sign LNG Contract

Kuwait Petroleum Corporation (KPC) signed a 15-year contract with Royal Dutch Shell for the import of liquefied natural gas (LNG).

Construction at Duqm Refinery to Begin in 2018

Construction at the Duqm Refinery in Oman will begin next year.

Page 13 of 30

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