Sources say find could help boost daily production to 3.3mn barrels
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Kuwait oil & gas remains resilient
The country’s energy industry is standing up to the challenges posed by the low oil price, according to Jason Rosychuk & Damian Crosse.
Kuwait awards $28bn worth of contracts in 2015
KNPC recently awarded four out of the five packages for the construction of the Al Zour refinery
Kuwaiti five-year energy infra spend to hit $100bn
The country’s total spending on energy projects is expected to reach $100bn over the next five years
Kuwait Drilling awarded $209.3mn contract by KOC
Contract was signed for five years with one year renewal option
Kuwaiti Al Zour refinery budget increased to $16bn
Increase has been approved by country’s Supreme Petroleum Council
Petrofac wins $780mn Kuwait oil contract
Project will help Kuwait increase and maintain production
Kuwait banking on oil price hike
Kuwait requires a higher price per barrel in order to provide funds for downstream investment
Kuwait boosts oil security after attack on mosque
Deadly attack puts oil sector in the country on high security alert
Al-Zour refinery granted $2.5bn by Kuwait
Kuwait National Petroleum Company has been provided additional funds following a “sharp rise” in the value of Al-Zour refinery project