KUWAIT/SAUDI ARABIA
 
Chevron’s Neutral Zone Steam Injection Pushed to 2020
 
Chevron has fallen further behind schedule on its $10-15bn, 500,000 b/d Wafra crude project in the Saudi-Kuwait Neutral Zone. The steam injection enhanced oil recovery (EOR) program is unlikely to start up until 2020.
 
The US major will not complete its technical study of its steam injection pilot in the First Eocene at Wafra until 3Q14, CEO of state-owned Kuwait Gulf Oil Company...