Kuwaiti Business Group to Build 600,000 b/d Refinery in India
The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil refinery in the Indian state of Andhra Pradesh.
The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil refinery in the Indian state of Andhra Pradesh.
Egypt Gas Company signed an $8.6 million contract with Al Rabiya in Kuwait.
A number of Egyptian firms participated in the Kuwait Oil & Gas Show and Conference (KOGS 2017).
Kuwait Petroleum Company (KPC) plans to raise crude oil output to 4 million barrels a day by 2020 and natural gas output to 1 billion cubic feet per day (bcf/d) by 2023.
Despite simmering tensions in Iraq and uncertainty over the Iran nuclear agreement, world oil supplies have remained steady, according to the Kuwaiti Oil Minister, Essam El Marzouq.
Egypt's Arab Petroleum Pipelines Company (SUMED) renewed its contract for the storage and transportation of crude oil with Kuwait Petroleum Corporation (KPC).
Kuwait is looking to sign new crude export deals with Chinese buyers.
Kuwait announced a new tender for the development of its Jurassic natural gas field.
Another oil spill occurred in Kuwaiti national waters.