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Kuwait Crude Oil Capacity Rises To 14-Year High
...ES, 18 July). Having achieved this mark, capacity now stands at its highest level since 2011’s 3.26mn b/d. It has increased by a substantial 470,000 b/d since its low-water mark of 2.73mn b/d in 2021 thanks to a combination of KOC gains and gradual increases from the PNZ following its restart in 20...
Volume: 68Issue: 39Published at Fri, 26 Sep 2025 -
EOG To Bring ‘Unconventional’ Know-How To Oman’s Upstream
...ll to be drilled was Hayah-1, but shortly after that came up dry in 2016 (see map, MEES, 27 May 2016), operator DNO chose to walk away. That left Apex, a small private firm out of Alberta, with a 100% stake at the asset which it was originally awarded in September 2011. Apex kept the faith. Ac...
Volume: 63Issue: 39Published at Fri, 25 Sep 2020 -
Chinese Takeover For Cash-Strapped Kuwait Energy
...ergy (KEC)—a Bahrain-headquartered privately-held firm whose financial struggles have hampered development of its promising portfolio. The deal would be UEG’s second largest to date since entering the upstream sector via the 2011 acquisition of BP’s Pakistan assets for $775mn. Pakistan accounted for al...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Kuwait Seeks IOC Help To Hit Production Targets
...servoir at Burgan. A pilot program completed in 2011 yielded an encouraging boost in pressure and reduced water cut; during the first phase of development, KOC will inject 660,000 b/d of water as part of its plan to maintain production capacity at Burgan. Water injection will rise to 1mn b/d by 2020. KO...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
Edison Secures $590mn Discount On RasGas LNG Supplies
...aly's offshore regasification terminal in Rovigo (MEES, 1 August 2011). RasGas also supplies Belgium's Distrigas (2.07mn t/y for 20 years), Spain's Endesa (0.8mn t/y for 20 years) and the trading wing of France’s EDF (up to 3.4mn t/y for 4.5 years). RasGas ‘Resilient’ In a statement re...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012