Kuwait records first budget surplus in nine years thanks to soaring oil prices
Over the course of a year, Kuwait brought in 28.8 billion dinars, a 54.7 per cent increase over the previous year...
Tag : Kuwait Oil
Kuwait Oil Company set to award $754 mn contracts
The contracts are part of KOC’s efforts to expand its drilling, exploration and development operations...
Kuwait determined to implement oil accord to support crude prices
The country’s efforts stem from the need to reduce excess output which might result in falling prices...
Iraq, Kuwait sign agreement for joint technical oil field study
The contract will study options to develop and exploit the oil fields on the border between Iraq and Kuwait...
Kuwait Oil awards $597 mn offshore services contract to Halliburton
The six-month integrated offshore drilling services deal is expected to help produce 100,000 barrels of oil per day...