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Neutral Zone oil capacity 610,000 bpdTotal oil production in the Saudi Arabia and Kuwait shared Neutral Zone stands at 610,000 barrels per day (bpd), a senior Kuwait official said on Tuesday. Output from the shared zone's Khafji field currently stood at 310,000 bpd, with capa More… |
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Kuwait eyes production boost at Al-KhafjiKuwait Gulf Oil Co expects oil production from the Al-Khafji oilfield to reach 300,000 barrels per day (bpd) by the end of the first quarter, its managing director said in published remarks. 'The company is working on a big number of e More… |
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Kuwait to invest $11bn in neutral zoneKuwait Gulf Oil Co (KGOC) plans to invest around $11 billion in the next 20 years to boost oil output capacity to 900,000 barrels per day from a divided zone it shares with Saudi Arabia, a top oil official said. KGOC also plans to spend bi More… |
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Kuwait, Saudi to increase Neutral Zone capacityKuwait and Saudi Arabia are on track to boost oil output capacity in the shared Neutral Zone between the two countries by 50,000 barrels a day by 2009, a Kuwaiti official said. This would come entirely from the offshore area, taking the to More… |
