American oilfield services provider has claimed a boost in its reputation in Kuwait by virtue of the customer satisfaction its flagship Powerwave brand has earned in the Gulf state
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Canada Kuwait Petrochemical Corp selects Honeywell technology for propylene complex
Honeywell UOP’s Oleflex technology has been selected for 41 out of 51 propane and isobutane dehydrogenation projects globally since 2011.
Country Focus: Kuwait exemplifies downturn tackle
Despite modest production, oil revenues-reliant Kuwait has taken the initiative to facilitate the OPEC/non-OPEC output cut deal. Now its NOC is exemplifying how to make do with existing resources and yet thrive during turbulent times
Petrofac secures five-year training agreement with Kuwait Oil Company
UK-based engineering major says contract, valued at more than $35mn, was secured following a competitive tendering process and is effective immediately
Iran bars IOOC from working on gas field shared with Saudi and Kuwait
The work stoppage has been called amid a dispute over geographical borders that still needs to be settled, with Iran banning all activity on Iran’s side of the field
KSA, Kuwait yet to resume Neutral Zone production
The root of the issue dates back to 2014 when Saudi Arabia decided to shut down the Al Khafji Field citing unspecified environmental issues.
Kuwait’s oil exports to China above 250k bpd level
China drastically increased the quota for non-State crude imports in 2016 as it seeks to attract more private capital in the largely monopolised sector
Kuwait says to raise output to 4.75mn bpd by 2040
Kuwait’s current oil production capacity is around 3.15mn bpd, and it has long said it plans to raise this to 4mn bpd by 2020 and maintain this level to 2030
Kuwait’s KPC committed to OPEC oil output cut
KPC said in a statement it had notified its clients of the production cuts from the start of January, saying they will be in effect for the whole of the first quarter of 2017
Kuwait to import gas from Iraq: Ministers
Kuwaiti Oil Minister Essam al-Marzouk said the quantities have been agreed and the start date will be determined after technical committees fix prices and shipping methods