TotalEnergies and Kuwait Oil Company (KOC) signed a Memorandum of Understanding (MoU) to strengthen their cooperation, exchange expertise and conduct technical studies.
The MoU includes
studies related to new exploration opportunities in the country, for which
TotalEnergies will mobilise its technical expertise.
The signing ceremony
took place in the presence of Patrick Pouyanné, Chairman and Chief Executive
Officer of TotalEnergies, Sheikh Nawaf Saud Al-Sabah, CEO of Kuwait Petroleum
Corporation, and Ahmad Al-Eidan, CEO of KOC, at the opening of the 5th Kuwait Oil & Gas
Show and Conference (KOGS).
“We are pleased to
strengthen our cooperation with Kuwait Oil Company through this MoU, which
reflects our shared ambition to contribute to Kuwait’s objectives in developing
its resources. The studies to be carried out will help inform future projects,
while further deepening our long-term relationship with Kuwait,” said Pouyanné. -TradeArabia News Service
