VOL. XLV

No 3

21-January-2002

KUWAIT

'Arbid Says There Is A PressingNeed For Project Kuwait

The Chairman of the AdministrativeCouncil of Kuwait Petroleum Corporation (KPC) and Chairman and ManagingDirector of Kuwait Oil Company (KOC), Ahmad al-'Arbid, said on 31 December thatthere was a pressing need for Kuwait to acquire the technology of majorinternational oil companies (IOCs) in order to increase production by exploitingdifficult oil reserves in the producing northern oilfields (Project...