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KUWAIT CITY, Aug 3, (KUNA): The State of Kuwait and the Kingdom of Saudi Arabia reiterated Wednesday that they have full right to own all natural resources of the Divided Zone, including Al-Durra oilfield. Kuwait and Saudi Arabia have the exclusive and sovereign right to utilize the wealth in this zone, the Kuwaiti Ministry of
The Kuwaiti government has announced a plan to strengthen the comprehensive infrastructure of the offshore Durra oil and gas field. Not only that, the government will also look to elevate the production of unrestricted gas (excluding the Divided Zone) from 521 million cubic feet per day to a staggering 930 million cubic feet per day. The recently unveiled four-year government action plan, spanning from 2023 to 2027, has been submitted to the National Assembly, outlining the meticulous preparations for the infrastructure development of the Durra field.
PM OUTLINES NEED TO ATTRACT FOREIGN INVESTMENT ‘Correcting the course: A product-based economy and sustainable wellbeing’ KUWAIT CITY, July 17, (Agencies): The National Assembly is set to hold Tuesday a special session to look into government work plan for the 17th legislative term (2023- 2027). The work plan, titled ‘Correcting the course: product-based economy and
Adnoc has set a commercial bid submission date of 29 March for the four main packages of its Hail and Ghasha sour gas field development project.
Output capacity to reach 3.5mn bpd by 2025 – KPC’s CEO KUWAIT CITY, Oct 23: Kuwait Oil Company (KOC) is actively working towards increasing crude production capacity, Kuwait Petroleum Corporation (KPC) CEO Hashem S. Hashem said on Friday. In a statement to KUNA, Hashem said the information regard