Middle East Economic Survey

VOL. LIV

No 26

27-Jun-2011

Kuwait Discovers More Burgan Reservoirs, Plans Water Injection

Kuwait Oil Company (KOC) is fighting hard to hit its upstream targets. It has awarded $12.85bn in contracts, including oil gathering centers, pipelines and debottlenecking gas plants and is developing swing producer super-giant Burgan oil field. KOC is also paying private firms fees for gas produced through early production facilities. However, it is struggling to engage the...