Thursday 30 October 2014
 
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Kuwait Energy

Kuwait Energy discovers oil in Block 9, Iraq

Kuwait Energy, an independent oil and gas exploration and production company, has announced that a consortium comprising Kuwait Energy and Dragon Oil has made its first oil discovery at Block 9, Iraq. The discovery was at the cons

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Kuwait Energy Q2 revenue up 12.6pc

Kuwait Energy, an independent oil and gas company with assets across the Mena region, said its revenue for the second quarter rose to $72.3 million, up 12.6 per cent over the same period last year. Announcing an update on its seco

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Kuwait Energy mandates BofA for bond roadshow

Kuwait Energy, an independent oil and gas company with assets across the Middle East, has mandated Bank of America Merrill Lynch as sole bookrunner and lead manager for fixed income investor meetings from July 15. A RegS-only US d

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Kuwait Energy makes new oil discovery in Egypt

Kuwait Energy, a top independent oil and gas exploration and production company, has announced an oil discovery at its El Salmiya-2 well, located in its Abu Sennan concession in the Western Desert, Egypt. Kuwait Energy is the oper

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Kuwait Energy reports 52pc rise in Q2 revenue

Kuwait Energy, an independent oil and gas exploration and production company in the Middle East, has reported a revenue of $77.6 miilion, up 51.8 per cent in its second quarter, as compared to the same period in 2012. The company&

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Kuwait Energy unit sees rise in production

Kuwait Energy, a major oil and gas exploration and production firm, has announced a production increase at its East Ras Qattara (ERQ) Concession in Egypt, in which it holds a 49.5 per cent interest. The announcement was made with

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Kuwait Energy Q1 revenue up 8.6pc

  Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, said its revenue for the first quarter grew 8.6 per cent, year-on-year, to $64 million when compared to

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Kuwait Energy posts $45m net profit

Kuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, has registered a net profit of $44.9 million in 2012, up 29 per cent from $34.8 million the year before. Announcing the results at the

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Kuwait firm in big Egypt production boost

Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, has announced a major production increase at the East Ras Qattara concession in Egypt, in which the company has a 49.5 per

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Kuwait Energy says firm on Iraq gas project

Kuwait Energy says it is firmly fixed on pumping gas and finding oil in southern Iraq and will not risk aggravating Baghdad by seeking contentious deals with the northern autonomous region of Kurdistan. Sara Akbar, chief executive

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