Kuwait | Egypt Oil & Gas - Part 26
Wafra Field to Remain Shut Down Till Further Notice
An jointly-operated onshore oilfield between Saudi Arabia and Kuwait will remain shut until difficulties to operate there are resolved
Kuwait’s Equate Wins Awards for Environmental Projects, among Others
Kuwait-based Equate Petrochemical company has won four Gulf-level Excellence Awards in recognition of its pioneering role in health, safety and Environment (HSE) from the American Society of Safety Engineers (ASSE) – ...
Unresolved Disputes Lead to Shutdown of Wafra Oilfield
A jointly operated onshore oilfield between Saudi Arabia and Kuwait will shut for maintenance, a move apparently aimed at giving the Gulf OPEC allies more time to solve a long-standing dispute.
GCC PetroChem Exports On Rise But Still Face Supply Problems
Gulf petrochemical and chemical exports exceeded 65 million tonnes last year, in comparison to less than 36 million tonnes in 2006, according to an expert.
Egypt Receives $6bn from Saudi Arabia, UAE & Kuwait
Saudi Arabia, Kuwait and the United Arab Emirates deposited $6bn with Egypt's Central Bank, the bank's governor said, a sign that the gulf powers remain committed to propping up the Egyptian economy.
OPEC Pumps Record 2m bpd in Q1
The world's biggest oil exporters in OPEC have increased production and are now pumping almost 2m bpd more crude than required, the highest surplus for at least a decade.
Kuwait Problems Prompt Saudi Chevron Unit Shutdown in Neutral Zone
A Saudi Arabian unit of U.S. oil major Chevron has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf OPEC countries next month over long-standing disputes, three industr ...
Kuwait Oilfield Discoveries Announced After Two-Year Delay
Kuwait, which plans to boost oil output capacity by a third by 2020, has discovered four new oilfields in the north and west of the country, a top oil official was quoted as saying by state news agency KUNA on Sunday.
