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Kuwait Petroleum Corporation (KPC) recently announced the discovery of a "giant" oil field at Al-Nokhatha, east of Failaka Island. The estimated 3.2 billion barrels of oil equivalent resources ...
Iraqi Ministry of Oil announced that it has managed to control the massive fire that broke out in an oil field in the south of the country on Friday.A fire broke out in a tank at the fifth station at ...
Al-Eidan said KOC aims to reach "full production" from discovered offshore fields within eight to 10 years. Of the 4 million bpd of oil production capacity Kuwait is targeting by 2035, 350,000 bpd of ...