Kuwait to Raise Production to 4 MMBBL/D by 2040
Kuwait commenced operations in the country's largest heavy oil project, located in the north, under the framework of raising its production capacity to 4 million barrels per day (mmbbl/d) by 2040.
Kuwait | Egypt Oil & Gas - Part 4
Production to Resume in Wafra Field
Wafra field, located in the Neutral Zone, will restart its oil production by March, according to Khaled Al-Fadhel, Kuwaiti Oil Minister.
Jordan’s Maan Refinery to Commence Production in 2024
Jordan’s Maan refinery is anticipated to commence production in H2 2024. The project is a joint investment of Jordanian, Kuwaiti and American investors.
KPC Borrows $6.58 B from National Banks
The Kuwait Petroleum Corporation’s (KPC) board of directors made several vital decisions to finance its strategic projects, among them KPC has gained the approval to borrow around $6.58 billion from Kuwaiti banks. ...
Apicorp Anticipates Petrochemical Investments’ Value in 2019-2023
According to the Gas Investments Outlook 2019-2023 released by the Arab Petroleum Investment Corporation (Apicorp), petrochemical investments in the Middle East and North Africa (MENA) region are expected to drop ...
Kuwait’s Neutral Zone Oil Production to Reach 250,000 BBL/D
Kuwait’s Minister of Oil, announced that production from the Neutral Zone is expected to reach 250,000 barrels per day (bpd).
Kuwait, Saudi Arabia Move Forward with Dorra Field’s Development Plan
Kuwait and Saudi Arabia have brought in an international consultant to study the development plan for the Dorra offshore natural gas field and to determine both countries' shares in produced natural gas.
QP to Export 3 million tons of LNG to KPC
Kuwait Petroleum Corp. (KPC) has signed a 15-year agreement with Qatar Petroleum (QP) to import up to three million tons of liquified natural gas (LNG) per year.
Saudi Arabia to Commence New Project at Dorra Field
Prince Abdulaziz bin Salman, Saudi Energy Minister, announced that they would soon commence a new project at the Dorra offshore gas field.
Kuwait and Saudi Arabia’s Agreement Ends Neutral Zone Dispute
Kuwait and Saudi Arabia agree to resolve the conflict over the Neutral Zone.
