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Wafra Oilfield, Onshore Partitioned Neutral Zone (PZ) - Hydrocarbons Technology hydrocarbons-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbons-technology.com Daily Mail and Mail on Sunday newspapers.
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 ....
Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The zone is capable of pumping near to its previous maximum levels of about 500,000 b/d, but has largely been curtailed by the OPEC+ agreement. That could change, though some lingering sovereignty and fiscal still needs to be resolved, sources told S&P Global Platts. Saudi energy minister Prince Abdulaziz bin Salman told reporters April 1 that the kingdom s share of Neutral Zone production was currently 135,000 b/d. Since the two countries split output from the area equally, that implies total production from the Neutral Zone is about 270,000 b/d. ....
Easing OPEC+ output cuts may unshackle Saudi-Kuwaiti Neutral Zone oil production hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.