Kuwait Sets $155 Billion Capital for Five Year Development Plan

• Monday, 12th January 2015
• by Egypt Oil & Gas

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

• Sunday, 11th January 2015
• by Egypt Oil & Gas

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.

Kuwaiti Oil Drops to $47.36

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

The price of Kuwaiti oil went down by $3.99 Monday to $47.36 per barrel compared to $51.35 last Friday, said Kuwait Petroleum Corporation (KPC) Tuesday.

Weather disrupts Iraq, Kuwait oil exports

• Monday, 4th June 2012
• by Egypt Oil & Gas

Bad weather has disrupted oil exports from Iraq's southern offshore terminal and forced neighbouring Kuwait to halt all of its oil exports, a shipping source and government official told Reuters on Sunday.

Kuwait eyes 4 mln bpd oil production by 2020

• Tuesday, 10th April 2012
• by Egypt Oil & Gas

Kuwait is looking to increase oil production to 4 million bpd by 2020 and maintain it through 2030.

Iran ratchets up pressure on Kuwait over gas field

• Tuesday, 3rd January 2012
• by Egypt Oil & Gas

Iran said on Sunday that it would launch full-scale unilateral development of the disputed offshore Arash gas field in the Gulf if Kuwait does not respond to its offer of joint development, according to the official ...

Kuwait, Rabat agree to explore for oil in Morocco

• Wednesday, 20th February 2008
• by Egypt Oil & Gas

Kuwait and Morocco, at the end of a joint oil and gas committee meeting, agreed to carry out oil exploration projects in Morocco.