Company Insights Kuwait Petroleum Corporation Oil & Gas Kuwait Petroleum Corporation News Opinion Economy Economic reform in Kuwait: a step forward, but governance is the problem It would be naïve to imagine the country is putting behind it the procrastinations of the past March 17, 2025 Editor's Insight Economy Kuwait’s economic potential: A wake-up call Project approvals in Opec’s fifth-largest producer are at their highest since 2017, according to the independent National Bank of Kuwait (NBK). That may be because the emirate is planning to expand oil production capacity by up to 40 percent to 4 million barrels per day, exploiting what was described as a significant discovery last year […] February 21, 2025 Infrastructure Kuwait approves plan to tackle project delays Kuwait has approved a four-year plan to tackle persistent delays in development projects caused mainly by bureaucratic red tape and slow endorsement. The cabinet of ministers has informed all government departments of the plan, with focus primarily on project performance and completion on time, the Arabic language daily Alqabas reported. All departments must include key […] February 11, 2025 Oil & Gas Kuwait successfully using drones to inspect oil facilities Kuwait’s first-time use of drones to inspect oil and gas facilities has reduced costs, improved operational efficiency and enhanced worker safety, a local newspaper has reported, without giving numbers. The drones are used to inspect oil and gas fields, petrochemical and refining facilities, and pipelines and export terminals across the country, the Arabic-language daily Alanba […] February 4, 2025 Construction Kuwait project awards reach highest level in seven years Project activity in Kuwait has soared, and the highest value since 2017 was awarded in 2024, National Bank of Kuwait (NBK) said in its quarterly report. The bank said KD2.7 billion ($8.7 billion) worth of projects were awarded in Kuwait last year, an increase of 44 percent on the previous year. The figures were supported […] February 3, 2025 Oil & Gas Kuwait ‘ready to go ahead with merger of state oil companies’ Kuwait’s plan to merge some of its eight state-owned oil companies is ready to go ahead, according to reports in the country. Kuwait Petroleum Corporation (KPC), which manages the country’s hydrocarbon industry, is set to oversee the mergers. The plan was approved by the cabinet two years ago as part of a strategy to cut […] January 28, 2025 Energy Kuwait discovers new oil and gas reserves State-run Kuwait Oil Company (KOC) has discovered large commercial volumes of hydrocarbons at the Al-Jlaiaa offshore field, and expects more discoveries in the area. The estimated reserves within the 74 sq km area include 800 million medium-density barrels of oil and 600 billion standard cubic feet of associated gas, the state-owned Kuwait News Agency reported. […] January 21, 2025 Oil & Gas Kuwait to spend $30bn to increase oil output by 40% Kuwait is planning to expand its oil production capacity by up to 40 percent, despite a bearish outlook for global demand and years of stagnant growth. Khaled Al Sabah, managing director at the Kuwait Petroleum Corporation (KPC) and CEO of Kuwait Oil Tanker Company, told an energy conference last week that the Gulf state plans […] January 16, 2025 Opinion Energy Something old, something new: GCC energy trends in 2025 To avoid a 2008-style power crunch, every type of energy must be thrown into the mix January 2, 2025 Opinion Energy BP could be a savvy investment for Gulf buyers Rarely does the opportunity to buy an international energy leader arise December 19, 2024 Posts navigation Previous 1 2 3 4 Next
Opinion Economy Economic reform in Kuwait: a step forward, but governance is the problem It would be naïve to imagine the country is putting behind it the procrastinations of the past March 17, 2025
Editor's Insight Economy Kuwait’s economic potential: A wake-up call Project approvals in Opec’s fifth-largest producer are at their highest since 2017, according to the independent National Bank of Kuwait (NBK). That may be because the emirate is planning to expand oil production capacity by up to 40 percent to 4 million barrels per day, exploiting what was described as a significant discovery last year […] February 21, 2025
Infrastructure Kuwait approves plan to tackle project delays Kuwait has approved a four-year plan to tackle persistent delays in development projects caused mainly by bureaucratic red tape and slow endorsement. The cabinet of ministers has informed all government departments of the plan, with focus primarily on project performance and completion on time, the Arabic language daily Alqabas reported. All departments must include key […] February 11, 2025
Oil & Gas Kuwait successfully using drones to inspect oil facilities Kuwait’s first-time use of drones to inspect oil and gas facilities has reduced costs, improved operational efficiency and enhanced worker safety, a local newspaper has reported, without giving numbers. The drones are used to inspect oil and gas fields, petrochemical and refining facilities, and pipelines and export terminals across the country, the Arabic-language daily Alanba […] February 4, 2025
Construction Kuwait project awards reach highest level in seven years Project activity in Kuwait has soared, and the highest value since 2017 was awarded in 2024, National Bank of Kuwait (NBK) said in its quarterly report. The bank said KD2.7 billion ($8.7 billion) worth of projects were awarded in Kuwait last year, an increase of 44 percent on the previous year. The figures were supported […] February 3, 2025
Oil & Gas Kuwait ‘ready to go ahead with merger of state oil companies’ Kuwait’s plan to merge some of its eight state-owned oil companies is ready to go ahead, according to reports in the country. Kuwait Petroleum Corporation (KPC), which manages the country’s hydrocarbon industry, is set to oversee the mergers. The plan was approved by the cabinet two years ago as part of a strategy to cut […] January 28, 2025
Energy Kuwait discovers new oil and gas reserves State-run Kuwait Oil Company (KOC) has discovered large commercial volumes of hydrocarbons at the Al-Jlaiaa offshore field, and expects more discoveries in the area. The estimated reserves within the 74 sq km area include 800 million medium-density barrels of oil and 600 billion standard cubic feet of associated gas, the state-owned Kuwait News Agency reported. […] January 21, 2025
Oil & Gas Kuwait to spend $30bn to increase oil output by 40% Kuwait is planning to expand its oil production capacity by up to 40 percent, despite a bearish outlook for global demand and years of stagnant growth. Khaled Al Sabah, managing director at the Kuwait Petroleum Corporation (KPC) and CEO of Kuwait Oil Tanker Company, told an energy conference last week that the Gulf state plans […] January 16, 2025
Opinion Energy Something old, something new: GCC energy trends in 2025 To avoid a 2008-style power crunch, every type of energy must be thrown into the mix January 2, 2025
Opinion Energy BP could be a savvy investment for Gulf buyers Rarely does the opportunity to buy an international energy leader arise December 19, 2024
