Kuwait | Egypt Oil & Gas - Part 8
KNPC Plans to Launch $1.3 B Projects in 2019
The Kuwait National Petroleum Company (KNPC), a subsuidary of the Kuwait Petroleum Corporation (KPC), is reportedly preparing to launch a number of mega projects before the end of 2019, with investments of about $1.3 ...
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, Kuwait News Agency (KUNA) reported. Allowing new partners is subject to the approval of th...
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, Al-Anbaa reported. The first contract was signed with KDDB General Trading &...
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, Reuters reported. CSCEC is interested in pipeline projects in Iraq, a...
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, Reuters reported. ...
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, Pipeline Oil and Gas Magazine reported. The five-year agreement aims to enhance mutual coope...
Saudi Arabia, Kuwait Near Restoring Production in Neutral Zone
Saudi Arabia and Kuwait are close to restoring oil output from the neutral zone, Bloomberg reported citing unnamed sources. The two countries reportedly made significant progress in negotiations and drafted documents ...
KOC, Halliburton Sign $597 MM E&P Agreement
Kuwait Oil Company (KOC) signed a contract with Halliburton for offshore exploration and production (E&P), Asharq Al-Awsat reported. The $597 million agreement includes six offshore rigs in the exploration phase, ...
