Middle East Economic Survey


No 1



KOC Discloses Oil And Gas Discovery Near Mutreba

Kuwait Oil Company (KOC) announced on 22 December the discovery of an oil and gas field in northwest Kuwait. At a ceremony marking KOCs 75th anniversary, KOC Chairman and Managing Director Sami al-Rushaid said that the discovery was made in the area of Mutreba, and that the field was estimated to have primary production potential of 80,000 b/d of light crude oil and 110mn cfd of gas. Mr...