KPC to Add Three Refineries by 2023
Analysts at GlobalData are expecting Kuwait to add three new crude oil refineries by 2023.
Analysts at GlobalData are expecting Kuwait to add three new crude oil refineries by 2023.
Kuwait National Petroleum Company (KNPC) is planning to reach a maximum refining capacity of 1.6 million barrels per day (b/d) by 2025.
Kuwait Oil Tanker Company (KOTC) has created a plan to prevent possible hazards caused by the misuse of three million gas-cylinders currently in use across the local market.
Grandweld Shipyards has successfully completed the construction and delivery of 10 boats to Kuwait Oil Company.
Kuwait Gulf Oil Company (KGOC) has awarded a KWD 7.63 million ($25.1 million) contract to Al Imtiaz Investment Group.
The Kuwait National Petroleum Company (KNPC) has invited companies to bid for the mechanical maintenance contract for Mina Al-Ahmadi refinery, as well as gas liquefication plants.
Kuwait's crude oil exports decreased by 0.78% year-on-year to 366.57 million barrels in the first six months of 2019, a survey showed.
Iraq and Kuwait have reportedly agreed to appoint ERCE to prepare a study for the development of joint border oilfields.
Egypt is negotiating a contract renewal with Kuwait to import its crude oil to Egypt with double the quantity and adjustments to the merit rating scale.
Launching production in northern Kuwaiti oilfields could cost $360 million with Kuwait Oil Company (KOC) expected to award the contract before November.