Kuwait | Egypt Oil & Gas - Part 29
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.
Kuwaiti Oil Drops to $47.36
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
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
Kuwait is looking to increase oil production to 4 million bpd by 2020 and maintain it through 2030. 
