What happened: In his opening remarks at the Kuwait Oil and Gas Show, Kuwaiti Prime Minister Sheikh Ahmad Abdullah al-Ahmad al-Sabah said that state firm Kuwait Petroleum Corporation will turn to ...
Kuwait has discovered a significant amount of oil and gas in the Al-Noukhitha offshore field, estimated at around 3.2 billion barrels of oil equivalent. The discovery includes 2.1 billion barrels of ...
Kuwait plans to raise oil production capacity to 4 million bpd by 2035, leveraging low costs, offshore development, and ...
Kuwait's oil export dynamics have undergone a transformation, shifting from crude oil to refined petroleum products. The shift is attributed to the expansion of the country’s refining capacity, ...
Kuwait Petroleum Corporation will invite international companies to assist its state-owned unit Kuwait Oil Company to develop offshore oil and gas discoveries, prime minister, Ahmad Abdullah al-Ahmad ...
KUWAIT CITY: The Editor-in-Chief of World Oil magazine Perry Fischer Tuesday praised the partnership between Lewis Lambert Company and Metal and Recycling Company (MRC) for the removal of oil lakes ...
Kuwait Petroleum Corporation’s Al-Sabah says Persian Gulf state players have improved risk management of Middle East oil ...
KUWAIT, Oct 9 (Reuters) - Kuwait's oil minister announced a new strategy to boost fossil fuel production on Monday and said his country would prepare the infrastructure for the Durra gas field, which ...
KUWAIT, Feb 4 (Reuters) - OPEC-member Kuwait is sticking to its 2020 oil output capacity target of 4 million barrels per day but faces challenges in finding contractors, technology and skilled labour, ...
Kuwait has cancelled oil tenders worth nearly $10 billion because bids submitted by foreign contractors far surpassed the approved budget. The nine tenders had been issued by the state-owned Kuwait ...
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Kuwait to spend $30bn to increase oil output by 40%
Kuwait is planning to expand its oil production capacity by up to 40 percent, despite a bearish outlook for global demand and years of stagnant growth. Khaled Al Sabah, managing director at the Kuwait ...
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