Kuwait | Egypt Oil & Gas - Part 19
Kuwait to Import Gas from Iraq
Kuwait is set to import up to 200mcf/d of gas from Iraq, as the two countries finalize a a long-delayed deal.
Kuwait Energy, Vitol Signed Financing Deal
Kuwait Energy signed a forward sale agreement with Vitol providing it with a financing facility for up to $100m.
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.
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.
