Kuwait | Egypt Oil & Gas - Part 5

Kuwait and Saudi Arabia’s Agreement Ends Neutral Zone Dispute

Kuwait and Saudi Arabia agree to resolve the conflict over the Neutral Zone.

Kuwait Hopes to Resolve the Neutral Zone Issue

Khaled Al Fadhel, Kuwait’s Minster of Oil, expressed his hopes to resolve the Kuwait-Saudi Arabia Neutral Zone issue by the end of 2019.

ADES Secures Deepwater Drilling Contracts with Baker Hughes

ADES announced that it has secured its first onshore deep drilling contracts under a lump sum turnkey project in Kuwait with Baker Hughes, a GE Company.

Kuwait’s Burgan Drilling’s Profit Drops by 84.6% YoY

Kuwait’s Burgan Company for Well Drilling, Trading, and Maintenance has reported an 84.6% year-on-year (YoY) profit decline during Q2 of fiscal year (FY) 2019/20.

Kuwait, Saudi Close to Neutral Zone Final Signing

Kuwait’s Deputy Foreign Minister, Khaled Al Jarallah, said that positive consultations with Saudi Arabia regarding the Neutral Zone are continuing, noting that the two parties are looking forward to the final sign ...

Kuwait Operates LPG Processing Unit in Mina Al-Ahmadi Refinery

Kuwait National Petroleum Company (KNPC) began the operations of a liquefied petroleum gas (LPG) processing unit in Mina Al-Ahmadi refinery.

Kuwait’s Al Imtiaz Wins KWD 11.5 MM Tender

Al Imtiaz Investment Group announced that its subsidiary won a tender worth KWD 11.49 million.

KPC Plans an 8% Share in Global LNG Regasification Capacity by 2023

Kuwait Petroleum Corporation (KPC) plans to have an 8% share in the capacity of the global liquefied natural gas (LNG) regasification industry through its new, planned and announced, projects between 2019-2023.

Kuwait, Saudi to Restart Neutral Zone Oil Output

Kuwait and Saudi Arabia are negotiating to restart oil production from the jointly-operated fields in the Neutral Zone.

Kuwait Oil Tanker to Increase LNG Tankers

Kuwait Oil Tanker Company (KOTC) aims to expand its fleet by adding eight liquified natural gas (LNG), crude, and petroleum tankers to its fleet by early 2021.

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