Kuwait Seeks Silver Lining In Price Downturn

Kuwait’s challenges in attracting foreign investment and expertise to increase crude production have been underlined by further political turbulence in its oil sector. In the absence of a significant local IOC presence, KPC sees overseas upstream arm Kufpec as a conduit for the import of new tech and practices.

Kuwait has reiterated its commitment to the necessary investments to achieve its planned increases to production capacity....