Wednesday 3 September 2014
 
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Kuwait Energy

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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Iraq approves Kuwait Energy contract

Iraq has approved an oil exploration deal with a Kuwait Energy-led group, a senior oil official said, to take the place of Turkey's state-owned TPAO, which the cabinet decided to expel. Facing souring diplomatic ties with Turk

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QFIB to invest $150m in Kuwait Energy

Qatar First Investment Bank (QFIB) said it will invest $150 million in Kuwait Energy Company to support the firm's expansion. The deal is structured in the form of a convertible murabaha which will be used to boost Kuwait Ener

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