Sheikh Nawaf Al-Saud Al-Sabah says Kuwait is one of the most important oil producers in the world, and the new offshore oil discovery in the Julaia field will improve Kuwait’s position and value in ...

Kuwait Oil Company (KOC) is expected to announce the results of drilling and exploration operations in Jazza offshore field ...

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial ... category Oil climbs as investors weigh new US tariffs 5:02 AM UTC Energycategory Taiwan looks ...

The new find involves “commercial volumes of hydrocarbons” located within Kuwait’s territorial ... KOC last year unveiled a giant oil and gas discovery within its Al-Nokhatha offshore ...

Kuwait Oil Company’s discovery of hydrocarbon resources at the Al Jlaiaa offshore field has been a notable progress in Kuwait ...

The Barents Sea is poised to deliver a new oil discovery to a heavyweight Norwegian joint venture near one of the region’s ...

along with the Minister of Oil Tareq Al-Roumi and Kuwait Oil Company Chief Executive Officer Ahmad Al-Eidan, yesterday, to break the news to the political leadership about the new oil discovery at the ...

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for January 2025. Kuwait equities outperformed ...

State-run Kuwait Oil Company (KOC) has discovered large commercial volumes ... covering an area of more than 6,000 sq km to find new hydrocarbon reserves. Kuwait, Opec’s fifth-largest producer ...

Al-Eidan said KOC aims to reach “full production” from discovered offshore fields within eight to 10 years. Of the 4 million bpd of oil production capacity Kuwait is targeting by 2035 ...

Kuwait Petroleum Corp.’s oil trading unit appointed company veteran ... Apart from Al-Zour, which is running at full tilt, a new 230,000-barrel-a-day joint-venture refinery at Duqm on Oman ...

He noted that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil. This new oil discovery enhances Iraq's production capabilities in the oil sector.