Kufpec Targets 96,500 BOE/D By End-2013
Kuwait Foreign Petroleum Exploration Company (Kufpec), the overseas upstream subsidiary of state-owned Kuwait Petroleum Corporation (KPC), is targeting a 20% hike in production to 96,500 barrels of oil equivalent a day (boe/d) by the end of 2013. Speaking to MEES just days before being appointed as the new head of state-owned Kuwaiti Petroleum Coporation (KPC) on 16 May, Kufpec’s former Chairman and Managing...
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