Kuwait | Egypt Oil & Gas - Part 3
El Molla: Egypt Keen to Boost Joint Investment Cooperation with Kuwait
Minister of Petroleum and Mineral Resources Tarek El Molla highlighted Egypt’s keenness to expand the base of joint investment cooperation with Kuwait in the oil and gas sector in its various activities, includi...
Kuwait Petroleum Corporation Seeks $1B in Financing from Banks
A parliamentary document reviewed by Reuters showed that Kuwait Petroleum Corporation (KPC) plans to borrow up to $1 billion from banks including HSBC and JPMorgan. “The Kuwait Petroleum Corporation is currently...
Kuwait Qualifies 70 Companies for Oil Projects
Kuwait announced that it has qualified around 70 local companies, particularly the small and medium-sized petroleum enterprises, to be awarded by the Kuwaiti government, Zawya reported. This comes as a part of Kuwait ...
Kuwait Sets Deadline for Jurassic Gas Bids
Kuwait announced that deadline for companies to bid for two huge gas projects at the country’s northern border will be September 1st, Zawya reported. Bidding companies are required to submit technical and financ...
KOC Inks Two Deals to Treat Petroleum-Contaminated Soil in Kuwait
The Kuwaiti Oil Company (KOC) has inked two deals to treat the soil polluted by crude oil during the Iraqi invasion in the northern and southern areas of the country, according to a statement. The two deals come as a ...
Kuwait Inaugurates its First LNG terminal
Kuwait has inaugurated its first permanent liquefied natural gas (LNG) terminal, Al Zour LNG terminal, for its LNG importing business, Gulf Business reported. The terminal received its first LNG cargo from Qatar on Ju...
Kuwait Makes Three New Oil Discoveries
The Kuwaiti Minister of Oil, Electricity and Water, Mohammed Al-Faris, announced the discovery of three new oil fields in different regions across the country, made by Kuwait Oil Company (KOC), according to statement ...
Six Arab Countries Reassert Compliance to OPEC+ Deal
The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain re-affirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets, according to ...
