Middle East Economic Survey
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...