Production News in Kuwait

Kuwait Minister of Oil Dr. Mohammad Abdul Latif Al-Fares Participates in the "OPEC Plus" Meetings.
6/30/2022 - Dr. Muhammad Abdul Latif Al-Fares, His Excellency the Deputy Prime Minister, Minister of Oil, and Minister of State for Council Affairs, led the State of Kuwait delegation during the video conferenced...
OPEC+ Increases Production to 648,000 barrels per day Next August
6/30/2022 - Today, Thursday, the members of the (OPEC +) coalition decided to increase output by 648,000 barrels per day in August. Following the 30th ministerial meeting of the Organization of the Petroleum Expo...
Kuwait Petroleum Aims to Produce 85,000 bpd of Heavy Crude by 2020/21
12/10/2018 - Kuwait Petroleum Corp. aims to produce 85,000 barrels of heavy crude oil a day by 2020/21, and 110,000 barrels per day by 2030/31, according to the text of a speech given by its CEO on Monday, seen by...
Kuwait Opens West Al-Rawdatain Station to Produce Light Oil, Jurassic Gas
1/29/2018 - Kuwait's Minister of Oil and Minister of Electricity and Water Bakheet Al-Rashidi opened 'West Al-Rawdatain' station - Kuwait Oil Company (KOC) affiliate - for the production of light oil and Jurassic...
Kuwait Oil Minister Says So Far No Plan to Exit Oil Cuts
1/17/2018 - Kuwait’s oil minister Bakhit al-Rashidi said there is no plan or intention so far to exit from a production-cutting agreement among OPEC and non-OPEC oil producers. “The production-reduction agreement...
Start of Operations at Al-Sabriya Jurassic Oil, Gas Field
1/10/2018 - Kuwait Oil Co announced the immediate launch of operations at Al-Sabriya field, which will produce Jurassic oil and gas. The field is the first of three similar projects, which have been under constru...
General Agreement among Oil Producers to Extend Output Cuts Deal
11/29/2017 - Kuwait Oil Minister Essam Al-Marzouq said Tuesday a ministerial market monitoring committee would examine oil output levels for October and producers' commitment to production cuts, then refer recomme...
Rock-splitting Technique Supports Strategy to Produce Four mln bpd
11/22/2017 - Rock-splitting technologies are a reliable method that could help bring Kuwait Petroleum Corporation's plan to produce four million barrels of oil per day (bpd) to fruition, an official at Kuwait Oil ...
Kuwait's Ethylene 2 Plant Resumes Production
7/18/2017 - Kuwait's Ethylene 2 Plant resumed operation following a brief shutdown for technical considerations last week, the EQUATE Group announced. ...
Kuwait to Boost Oil-Output Capacity from 2030, Plans Refineries
7/13/2017 - Kuwait plans to raise oil-production capacity to as much as 4.75 million barrels a day after 2030 as the OPEC member builds refineries in Asia to process more of its crude, the head of state-run Kuwai...
Kuwait to Raise Oil Output Capacity to 4.75 mln bpd by 2040
2/21/2017 - OPEC-member Kuwait plans to raise its oil production capacity to 4.75 million barrels per day (bpd) by 2040 as part of a strategy to expand its downstream investments, Kuwait state news agency reporte...
Kuwait Petroleum Corp Committed to OPEC Oil Output Cut
1/4/2017 - State-owned Kuwait Petroleum Corp (KPC) said it was committed to an oil output cut agreed by the Organization of Petroleum Exporting Countries at a meeting in Vienna in November, Kuwait's state news a...
Kuwait Energy Starts Oil Output at Faihaa-2 Well in Basra
10/13/2016 - Kuwait Energy Plc said that it had started commercial oil production at the Faihaa-2 well in the Block 9 concession of Basra governorate in southern Iraq. ...
Oil Leakage at Al-Ahmadi Field did not Affect Production
8/9/2016 - Kuwait Oil Company (KOC) affirmed that the oil leakage that occurred at a drilling rig in Al-Ahmadi oil field earlier in the day neither inflicted injuries, nor affect the crude production operations....
Kuwait Oil, Gas Workers End 3-day Strike
4/20/2016 - Kuwaiti oil and gas workers have ended a three-day strike that had temporarily cut the OPEC member's crude production by nearly half, local newspaper Al Jarida reported late on Tuesday, citing the tra...
Kuwait Petroleum to Sign Service Agreements by End-2015
10/12/2015 - Kuwait Petroleum Corp (KPC) said it was in talks with Shell, BP and Total about signing technical service deals and aimed to finalise them by the end of the year. ...
KOC Signs Lower Fars Heavy Oil Contract
5/2/2015 - KOC recently signed a contract for the implementation of a project for the first phase of the Lower Fars Heavy Oil Development Program in Ratqa Field in North Kuwait. Plans for the field include produ...
KOC Aspires to Reach 3.5 bln cubic feet of Gas Production by 2030
10/2/2014 - Deputy Chief Executive Officer (CEO) for gas exploration in the Kuwait Oil Company (KOC) Menahi Al-Enezi said the company has worked to implement a range of future projects to raise the gas production...
KOC Signs Contracts for Construction of 3 GCs in Kuwait
8/6/2014 - KOC recently signed contracts for the construction of three Gathering Centers in its North Kuwait Operations Zone, which falls in line with ongoing plans to increase oil production in NK from 700,000 ...
New World Oil and Gas Signs Agreement for Oil Production in Kuwait
5/8/2014 - Further to the approval of Shareholders at the Annual General Meeting on 12 September 2013, New World has continued to work with the Subscriber, Niel Petroleum SA ('Niel'), to complete the subscriptio...

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