Kuwait snaps up stake in Japan firm’s Norwegian oil ops

 Japan’s AOC Holdings said on Thursday its upstream unit, Arabian Oil Co, has agreed to sell the entire stake in its Norwegian operations to Kuwait Foreign Petroleum Exploration Company...

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Kuwait investigating plan to extract shale gas

Kuwait is investigating a plan to extract shale gas from its northern fields, a Kuwaiti oil sector official said on Wednesday, estimating that the Gulf Arab state could produce 150-200 million cubic...

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Kuwait’s Kufpec said to ink $750m loan deal

Kuwait Foreign Petroleum Exploration Company (Kufpec) has launched its first syndicated loan in five years with a $750m deal, two sources close to the deal said.  The deal will be Kufpec’s...

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Kuwaiti oil tankers and the Korean Daewoo Company

March 7, 2010 KPC adopting a productivity strategy for the period extending till 2030 aims at increasing production capacities in Kuwait to reach 4 million barrels a day. This requires the...

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