Middle East Economic Survey

VOL. LII

No 41

12-Oct-2009

Kuwaiti Oil Sector Struggles To Arrest Slide To “Square Zero”

Kuwait’s state-owned upstream arm Kuwait Oil Company (KOC) is managing to proceed with a number of smaller capacity additions, but a whole raft of flagship projects – both upstream and downstream – have been canceled, delayed, or postponed over the last 18 months. And recent developments – most significantly an undertaking by the...