Kuwait is planning to open up some of its oil fields to overseas firms and lease part of its pipeline network, a significant move by the OPEC member as it looks to position itself as a key investment ...

The 5-year contract is for design, development, and production management and has a value of $1.5 billion. The field’s reservoirs contains high temperatures and ultra-sour hydrocarbons. Kuwait Oil Co.

The country has no coastline outside the strait and no bypass pipeline of its own, leaving it entirely dependent on Hormuz ...

HOUSTON and LONDON, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a major award from Kuwait Oil Company (KOC) to provide advanced ...

(RTTNews) - Technology company SLB (SLB) said on Tuesday that Kuwait Oil Company has awarded SLB a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including design, ...

Baker Hughes has secured a multi-year contract with Kuwait Oil Company (KOC) to deploy advanced artificial lift technologies across Kuwait’s oil and gas fields, underscoring the country’s focus on ...

State-owned Kuwait Oil Co. made a “major” discovery in the Jazah natural gas field in the OPEC member’s offshore region. “The initial exploration well recorded the highest production rate from a ...

Kuwait Oil Company (KOC) on Monday announced a major offshore gas discovery at the Jaza field, reporting initial well output above 29 million standard cubic feet per day of gas and more than 5,000 ...

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By Tareq J AlwazzanKUWAIT: What if the largest source of additional value in Kuwait’s oil sector does not lie in discovering a new field, increasing production capacity, or benefiting from higher oil ...