Kuwait hosts Gulf and global energy debate
Petroleum Economist’s 5th GCC Energy Strategy Forum in Kuwait City on 5 February will showcase the country’s strategy and that of other Gulf states in the face of a changing global energy environment
Kuwait has plenty on its energy plate to share with the world. Upstream contracts awarded over recent years are beginning to produce results. The project to develop difficult sour gas (Jurassic) reserves is underway, with initial output of around 500mn cfd of gas and 200,000 bl/d of condensate. Production of heavy crude oil from fields in the north of the country has also begun. The scope for further upstream investment will be outlined by Kuwait's new Minister of Oil, Electricity and Water, Dr Khaled Al-Fadhel and Kuwait Petroleum Corporation deputy Chairman and CEO, Hashem Hashem. Each will be giving a Keynote Address at the start of the GCC Energy Strategy Forum, providing a unique opport
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
