Kuwait | Egypt Oil & Gas - Part 29

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.

Kuwait Sets $155 Billion Capital for Five Year Development Plan

The Kuwaiti government has set capital spending in the five-year development plan starting in April at KD 45.5 billion ($155 billion), a majority of which will be spent on projects and development of human resources, ...

Kuwait Energy Completes Testing Al Jahraa-3

Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash “C” member oil producer.

Page 29 of 30

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