General – Petrofac
The UK-headquartered engineering company Petrofac has been temporarily banned from participation in tenders in Kuwait’s oil and gas sector.
[Read more…] about Kuwait suspends Petrofac from oil and gas tender participationKuwait Oil discovered offshore field with estimated 800 mln oil barrels
Fossil Energy – Oil Discovery
Kuwait Oil Company said it has made a discovery of large commercial volumes of hydrocarbons at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil barrels and 600 billion standard cubic feet of associated gas.
[Read more…] about Kuwait Oil discovered offshore field with estimated 800 mln oil barrelsKuwait announces giant oil discovery
Fossil Energy – Oil Discovery
Kuwait Petroleum Corporation (KPC) announced this weekend it had made a giant oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil reserves estimated at 3.2 billion barrels.
[Read more…] about Kuwait announces giant oil discovery