Kuwait | Egypt Oil & Gas - Part 22

Kuwait to Resume Operations from Oilfields Shared with Saudi

Kuwait's Emir, Sheikh Sabah al-Ahmed al-Sabah, announced that stalled operations and exports from oil fields run jointly with Saudi Arabia would resume soon.

Kuwait Joins Saudi-South Korean Petrochem Venture

Kuwait's Petrochemicals Industries Company (PIC) has agreed to pay $100m to buy a 25% equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co.

Kuwait Oil Deploys Cisco Security Solutions Against Hackers

Kuwait Oil Company has selected Cisco security solutions to better protect its installations from cyber-attacks.

Kuwait Introduces Solar Powered Chem Injection into Jurassic Gas field

Dutch oilfield services company Frames, in partnership with aQuaintance, has successfully completed the design and manufacturing of four solar powered chemical injection systems for the Kuwait Oil Company (KOC)'s Ear ...

Kuwait’s Stalled Shuaiba Refinery Unit to be Shut Down by 2017

Kuwait has decided to permanently shut down its heavy oil cracking unit at its Shuaiba refinery, stalled since a fire in August 2015.

Minor Gas Leak at Major Kuwaiti Refinery

Kuwait's major refinery, Mina Al-Ahmadi, suffered a gas leak that occurred in the second line of a gas liquefaction plant and injured a laborer, but did not affect the plant's operations.

Kuwait Drilling and Honghua Group Struck $25m Deal

Chinese-based land drilling rig manufacturer, Honghua Group (HH), has entered into a $25m sales agreement for ultra-deep drilling rigs with Kuwait Drilling Company (KDC).

Egypt to Import 3m Barrels of Crude Monthly from Kuwait

Egypt and the Kuwait Petroleum Corporation (KPC) have signed an agreement to supply Egypt with up to 3m barrels of oil per month through September, as well as solar and jet-fuel supplies worth $1.2b annually.

Egypt to Receive $187.5m from Kuwait for Butane Imports

Kuwait has granted Egypt a $187.5m loan to import butane, a deal that is likely to be fulfilled after years of negotiations.

Kuwait Lifting Fuel Subsidies, Adopting Tax Reform

Kuwait's government has decided to lift fuel subsidies and apply new water and electricity consumption prices, postponing an official announcement, until the Ministry of Commerce and Industry designs an effective pla ...

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