Kuwait | Egypt Oil & Gas - Part 23

Kuwait Oil Deploys Cisco Security Solutions Against Hackers

Kuwait Oil Company has selected Cisco security solutions to better protect its installations from cyber-attacks, reported Trade Arabia. The company has already installed Cisco Network Admission Control (NAC) from the ...

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)’...

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, reported Trade Arabia. Shuaiba is Kuwait’s smallest refinery, enjoying a capacity of only 200,000b/d, but has none...

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, reported Reuters....

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), reported Trade Arabia. HH will provide and del...

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 2016, as well as solar and jet-fuel supplies worth $1.2b annually, Dai...

Egypt to Receive $187.5m from Kuwait for Butane Imports

Kuwait has granted Egypt a $187.5m loan to import butane in line with the 2009 and 2012 agreements that have been activated only now, Al-Mal reports.  The reasons for this delay remain unknown. Egypt generally faces b...

Kuwait Lifting Fuel Subsidies, Adopting Tax Reform

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

GTUPW Signs Protocol with Kuwait in the Petrochemical Industry

The General Trade Union for Petroleum Workers (GTUPW), headed by Mohammed Saafan, signed a protocol of cooperation with the Kuwaiti Federation of Petroleum and Petrochemical Workers, headed by Yousif Yacoub Al-Kandari...

Kuwait on Verge of Fiscal Reforms, Projecting Subsidy Cuts

According to the Arab Times, the Kuwaiti government is showing a willingness to push forward fiscal reforms including subsidy cuts, due to the persisting low price of crude, and pressure over lacking support for the c...

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