Kuwait | Egypt Oil & Gas - Part 28

Kuwait Invests $6.8 billion in Egyptian Energy Projects

Egypt has agreed preliminary deals with Kuwaiti companies for the establishment of petrochemical projects worth $6.8 billion, the government said on Sunday.

Kuwait Will Produce 60,000 b/d of Heavy Oil by 2018

Kuwait will produce its first batch of 60,000 barrels of heavy oil a day by 2018, Minister of Oil and Minister of State for National Assembly Affairs Dr. Ali Al-Omair announced.

Kuwait Oil Spending Plans Oblivious of Prices

Kuwait plans to spend of more than KD34 billion ($116 billion) on projects in a new five-year development plan in spite of the recent slump in oil prices, a report said.

Iran Revives Plans to Sell Gas to Kuwait

Iran has announced readiness to start exporting natural gas to Kuwait.

Kuwait Oil Tanker Foiled Eden Gulf Pirate Attack

Crew and security personnel of a Kuwaiti oil tanker sailing through the Gulf of Aden have succeeded in foiling a bid by pirates to take over the gigantic vessel.

Mina Al Ahmadi Refinery for Overhual

Kuwait has started a month-long overhaul of its largest refinery, the 442,000 b/d Mina Al Ahmadi, a spokesman of state-run oil refiner Kuwait National Petroleum Company (KNPC) said.

Kuwait: Exclusive Dry-Dock Maintenance Deal

In a celebration held at KOTC Head Office, Kuwait Oil Tankers Company signed a comprehensive dry-docking agreement with Bahrain-based Arab Shipbuilding & Repair Yard Company (ASRY), which is one of the world’s larges ...

GE Oil & Gas Signs Kuwait Memorandum

GE Oil & Gas has signed a Memorandum of Understanding (MoU) with the Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Company (KPC), to collaborate in the state of Kuwait in research and development, develo ...

Kuwait Awards $4.2 Billion Contract to Develop Lower Fars Oilfield

Kuwait has awarded UAE-based Petrofac International and Greece-based Consolidated Contractors Company (CCC) a $4.2 billion contract to develop Lower Fars heavy oilfield in the north of the country.

Kuwait Has Potential Shale Oil Reserves

According to an unofficial specialized study, there is a potential of existence of shale oil in Kuwait as there are 23 calcareous clay layers expected to be a source of shale oil and gas, an expert said.

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