Kuwait | Egypt Oil & Gas - Part 7

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.

Duqm Refinery Could Allow New Partners: Minister

Total and a South Korean oil company are being considered for a partnership in the Duqm Refinery and Petrochemical Industries.

KOC Awards $61.1 MM Contracts for Local Companies

Kuwait Oil Company (KOC),  a subsidiary of the Kuwait Petroleum Corporation (KPC), has awarded two contracts worth around $61.1 million.

China’s CSCEC Seeks Expansion in Gulf Markets

The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.

KPC Hires NBK Capital As Financial Advisor for $2 B Loans

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.

KOC signs R&D Agreement with Kuwait University

Kuwait Oil Company (KOC) signed a strategic research and development (R&D) cooperation agreement with Kuwait University

Saudi Arabia, Kuwait Near Restoring Production in Neutral Zone

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).

KOC, Halliburton Sign $597 MM E&P Agreement

Kuwait Oil Company signed a $597 million contract with Halliburton for offshore exploration and production in Kuwait.

El-Molla Discusses Oil Imports, Investments with KPC

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.

KUFPEC Seeks Acquisitions to Boost Production

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.

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