Tuesday 5 November 2024
 
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KGOC

KGOC signs gas deal with France Technip

Kuwait Gulf Oil Co (KGOC) signed a contract with France's Technip to build gas facilities in Khafji, part of a plan to boost gas output for growing domestic needs, industry sources told Reuters on Wednesday. KGOC, a unit of Kuwait Petr

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Kuwait to invest $11bn in neutral zone

Kuwait 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

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