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
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
