Kuwait Energy Company Company News

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Sempra Alum to Succeed Gentle at Tellurian
Tuesday, December 01, 2020Tellurian Inc. has named Octávio Simões the company‚Äôs president and CEO.

Kuwait Energy Starts Producing Natural Gas From Field In Southern Iraq
Wednesday, April 25, 2018Kuwait Energy starts producing natural gas from Siba.

Kuwait Energy to Be OPEC State's First London-Traded Company
Wednesday, May 03, 2017Kuwait Energy plans an initial public offering, making it the first company from the OPEC nation to have its stock traded on the London Stock Exchange.

Egypt to Search for Oil in Iraq in First Foreign Venture
Wednesday, September 30, 2015Egypt will search for oil outside its own borders for the first time after signing an agreement with Kuwait Energy for part of a concession in Iraq, according to the country's oil minister.

Indonesia's Medco Gets Additional 25 Years to Operate Oman Oil Fields
Wednesday, April 29, 2015Indonesia's PT Medco Energi Internasional says its unit has signed an amended agreement which allows it to operate the Karim oil fields in Oman for an additional 25 years.

KUFPEC Inks Exploration Agreement for Pakistan's Paharpur Block
Monday, March 16, 2015KUFPEC signs exploration agreement with the Pakistani Ministry of Petroleum and Natural Resources for the Paharpur Block in Pakistan.

Kuwait Energy Discovers Oil at Faihaa-1 Well in Block 9 in Basra, Iraq
Thursday, September 11, 2014Kuwait Energy discovers oil at the Faihaa-1 exploration well in Block 9 in northern Basra, Iraq

Iraqi Block 9 Service Contract Signed
Monday, January 28, 2013Consortium involving Dragon Oil and Kuwait Energy signs service contract with Iraqi oil ministry for Iraqi Exploration Block 9.

Iraqi Cabinet Approves Exploration Deal with Kuwait Energy
Wednesday, January 09, 2013Iraq's cabinet has approved a deal with a Kuwait Energy-led group to explore for gas and oil at an exploration block in southern Iraq, an Iraqi cabinet spokesman said.

Kuwait Energy Strikes Oil in Egypt
Monday, October 15, 2012Kuwait Energy announced a new oil discovery of Ahmad-2 well, located in the Area A license in the Gulf of Suez, Egypt, adjacent to the Shukheir North West field.

Iraq Initially Inks Deal with Kuwait Energy-Led Group
Monday, July 16, 2012Iraq's oil ministry initialed a deal with Kuwait Energy-led group to explore for gas and oil at an exploration block in southern Iraq, an Iraqi Oil Ministry official said.

Eight Energy Companies Showing Interest in Afghan O&G
Thursday, July 05, 2012Seven energy companies have joined ExxonMobil in expressing interest to bid for the right to explore for O&G in Afghanistan, according to that country's Ministry of Mines.

Iraq Plans Further O&G Auction after Terms Deter Bidders
Thursday, May 31, 2012Iraq plans a further O&G licensing auction after its fourth round held this week resulted in just 3 of 12 blocks being awarded.

Iraq's New Energy Licensing Auction Attracts Few Bids
Wednesday, May 30, 2012The Iraqi Oil Ministry awarded only 1 exploration block out of 6 it offered, as tough contract terms discouraged many companies from participating in the country's fourth energy bidding round.

Beach Energy Touts 3rd Egyptian Oil Discovery
Friday, February 10, 2012Kuwait Energy has made its third consecutive discovery at the Al Jahraa-1 exploration well in the Egyptian Abu Sennan concession.

Kuwait Energy All Smiles over Gulf of Suez Oil Find
Monday, January 23, 2012Kuwait Energy plc announced a new oil discovery in Egypt's Ahmad-1X well, located in the Gulf of Suez's Area A concession.

Kuwait Energy Scores in Bidding Contest for Iraqi Fields
Wednesday, October 20, 2010Kuwait Energy has been awarded 20 year term gas development contracts for Siba and Mansuriya gas fields in Iraq's third bidding round.

Kuwait Energy Finds Black Gold in Egypt's Western Desert
Monday, April 20, 2009Kuwait Energy has announced a new oil discovery in the East Ras Qattara Field onshore Egypt.

OMV, DNO Among Cos In Yemen Oil Production Sharing Pacts
Tuesday, April 15, 2008OMV AG, DNO ASA and 11 other companies on April 14 signed production sharing agreements to develop seven oil and gas blocks in Yemen.

Lundin Takes a 34% Stake in Cambodia Block
Monday, October 29, 2007Lundin Petroleum has acquired a 34% interest in Block E, offshore Cambodia, from Medco International Petroleum, Kuwait Energy Company KSCC and JHL Petroleum Ltd.

Pakistan Issues License for Kunri Block
Tuesday, June 05, 2007Pakistan granted a license to a joint venture led by a local firm for oil and gas exploration in the south of the country, the Ministry of Petroleum and Natural Resources said Tuesday.