Kuwait | Egypt Oil & Gas - Part 19
Kuwait Grew Oil Exports to Japan by 11.7%
Kuwait’s crude oil exports to Japan jumped 11.7% percent in October when compared to 2015 volumes for the same period, to reach 6.62mb.
Saudi Arabia, Kuwait to Restart Output from Neutral Zones
Saudi Arabia and Kuwait are expected to agree in December to resume oil production from the jointly operated oilfields in the Neutral Zone fields , mainly Khafji and Wafra, that lie between both countries.
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.
Kuwait Boosted Crude Exports to Asia
Kuwait’s crude oil exporting contracts have recently increased by 28% with Japan, and 65% with Taiwan.
Iraq Delayed Upstream Bid
Iraq will postpone an upstream bidding round for 12 small and medium-sized oil fields across three provinces until mid 2017.
Kuwait Invested $4.8b in Oil, Gas
During the third quarter of 2016, Kuwait awarded a total of $12b worth of contracts, 42% of which are in the country's oil and gas sector at about $4.8b in investments.
Kuwait Cut Fuel Premiums
Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums.
Kuwait Boosted Oil Exports to Japan
Kuwait crude oil exports to Japan increased by 33.7% during September, when compared to volumes from the same period during 2015. It reached 6.83mb of oil, averaging 228,000b/d.
