Calgary based rig manufacturer adds a sixth unit to its portfolio currently active in the Gulf state.
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Kuwait Petroleum Corporation to support Abu Dhabi World Energy Congress as silver sponsor
The announcement sees Kuwait Petroleum Corporation become the first regional company to endorse the congress. It will join UAE based companies Mubadala, Emirates Nuclear Energy Corporation, ADNOC and DEWA, which will be the host sponsors.
Kuwait lifts output to 85,000 bpd after OPEC agreement
Gulf state to boost its production moderately following the talks in Vienna last month.
New Kuwaiti light crude grade set for export
New crude variety is expected to be ready for shipment by the end of the month and will be first of its kind exported from Gulf state.
Honeywell opens new centre in Kuwait to demonstrate oil and gas technologies
New centre highlights how technologies can drive more safety, reliability, efficiency and profitability across Kuwait’s energy sector.
Kuwait Energy begins extracting gas in southern Iraq
Iraq is hoping to spike its output of both oil and natural gas via JVs with other nations in the region.
Kuwait Petroleum Corp to invest $113bn in five years, expand refining capacity
KPC’s 2040 strategic direction has set an ambitious road map for the Kuwaiti oil sector to execute mega projects inside and outside the State of Kuwait on various aspects, with the ultimate goal to maximise revenue generation to the nation’s economy.
Kuwait Oil Minister suggests production cuts will continue
Bakheet Al Rashidi tells reporters that the ongoing cutbacks will be assessed at OPEC meeting in June.
Head-on crash kills 15 oil workers in Kuwait
It is believed the two buses that crashed into each other were transporting oil workers near the huge Burgan oilfield.
Grandweld Shipyards commences production of 10 boats for Kuwait Oil Company
The design and engineering phase for the project started during May 2017 and now the production phase has started with target to deliver the first boat in December 2018 while the delivery of all ten boats will be completed in July 2019.