CERAWEEK: Kuwait Petroleum plans offshore oil exploration for first time
March 20, 2024 Comments Off
Kuwait Petroleum Corp. is planning to move offshore in the Persian Gulf for the first time and will seek help from international oil majors, the company’s CEO said March 19, as the country aims to boost its flagging production capacity. “We’re looking at a new model to bring expertise from around the world,” said Sheikh Nawaf al-Sabah, speaking at the…
CERAWEEK: Kuwait Petroleum plans offshore oil exploration for first time
Kuwait Petroleum Corp. is planning to move offshore in the Persian Gulf for the first time and will seek help from international oil majors, the company’s CEO said March 19, as the country aims to boost its flagging production capacity. “We’re looking at a new model to bring expertise from around the world,” said Sheikh Nawaf al-Sabah, speaking at the…
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