KNPC Plans to Launch $1.3 B Projects in 2019
The Kuwait National Petroleum Company (KNPC) is reportedly preparing to launch a number of mega projects before the end of 2019, with investments of about $1.3 billion.
The Kuwait National Petroleum Company (KNPC) is reportedly preparing to launch a number of mega projects before the end of 2019, with investments of about $1.3 billion.
Total and a South Korean oil company are being considered for a partnership in the Duqm Refinery and Petrochemical Industries.
Kuwait Oil Company (KOC), a subsidiary of the Kuwait Petroleum Corporation (KPC), has awarded two contracts worth around $61.1 million.
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
Kuwait Petroleum Corporation (KPC) has hired NBK Capital, a fully owned subsidiary of the National Bank of Kuwait (NBK), as a financial advisor as the company seeks to obtain $2 billion in finances.
Kuwait Oil Company (KOC) signed a strategic research and development (R&D) cooperation agreement with Kuwait University
The two countries reportedly made significant progress in negotiations for the zone that could increase their oil production by 500,000 barrels per day (b/d).
Kuwait Oil Company signed a $597 million contract with Halliburton for offshore exploration and production in Kuwait.
Minister of Petroleum Tarek El-Molla discussed with a delegation from the Kuwait Petroleum Corporation (KPC) investment opportunities and projects, especially refining Kuwaiti crude oil in Egyptian refineries.
The company’s main reason behind the acquisitions is to boost its oil and natural gas output to reach 150,000 barrels of oil equivalent per day (boe/d) by 2020.