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Saudi Arabia, Kuwait agree to develop joint Dorra gas field

RIYADH: Saudi Arabia and Kuwait have signed an agreement for the development plan for the joint Dorra offshore gas field, according to a statement. The deal was signed during a meeting between the Saudi and Kuwaiti energy ministers. The field is expected to produce 1 billion cubic feet of natural gas per day with 84,000 barrels of condensate daily. Production will be divided ....

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Kuwait Gulf Oil Company, Saudi Arabian Chevron to export spare gas from Wafra Joint Operations

RIYADH: The Kuwait Gulf Oil Co. has signed an initial agreement with Saudi Arabian Chevron Co. to export spare gas from the Wafra Joint Operations area. Initially, the company exported 12 million cubic feet of surplus gas. It expects to reach around 40 to 50 million cubic feet in the next five months, and around 80 to 100 million in four years, KGOC’s deputy CEO, Mohammed Al ....

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Kuwait oil minister retains post with additional duties in new cabinet | Hellenic Shipping News Worldwide

Kuwait’s oil minister Mohammed al-Fares, who resigned in November following a cabinet-wide walkout, has been reappointed to the post with additional duties amid plans by OPEC’s fourth largest producer to boost reduced oil production capacity. Fares was also named a deputy prime minister and was given the new portfolio of renewable energy, besides the electricity . ....

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