According to the Kuwaiti News Agency, twenty-two oil wells in the northern Al-Abdali field, which produces 50,000 barrels a day, will resume operations gradually after being shutdown as part of ...

Analysts said the increase was likely to come from the fields operated by the state owned Kuwait Oil Company and those in the Partitioned Neutral Zone (PNZ), which is shared 50:50 with Saudi Arabia.

As global oil fields decline, stable output providers such as Kuwait will become increasingly important, according to the CEO. The investment programme will also require KPC to increase its debt.

Kuwait Oil Company (KOC), a KPC subsidiary, has already made significant strides with the discovery of two new fields: the 74-square-kilometer Al-Jlaiaa field, revealed in January, and the promising ...

State-owned Kuwait Oil Co (KOC ... plan to allow major international oil companies to operate domestic oil fields, according to reports. The room "will contain data identical to that collected ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

As promised, Iraqi troops set fire to more than 700 oil wells in several Kuwaiti oil fields in 1991 as they were retreating. Officials from the Kuwait Oil Company reported that all of Kuwait's oil ...

KUWAIT: Kuwaiti oil price increased 14 cents to reach USD 77.54 per barrel during Thursday's trading compared to Wednesday's USD 77.4, reported Kuwait Petroleum Corporation (KPC) on Friday. In global ...

1974 -- Kuwait wins the third GCC soccer tournament. 1991 -- Fire at the burning oil field, Al-Ahmadi 24, is doused. The field was set ablaze by the Iraqi regime forces before withdrawing from Kuwait.

According to the Kuwaiti News Agency, twenty-two oil wells in the northern Al-Abdali field, which produces 50,000 barrels a day, will resume operations gradually after being shutdown as part of ...