Kuwait Oil Company CEO Jamal Jaafar spoke exclusively to MEES on the sidelines of this week’s CWC Kuwait Oil and Gas conference. He unveiled plans for a new contract model for offshore development and how Kuwait aims to increase production without breaching Opec obligations.

Q: How are things progressing towards the 3.65mn b/d production capacity target? A lot of the gains appear slated to come from heavy crude and sour reservoirs?
A: It’s a mix. The amount of oil that we...