Latest News
- Urgent Call For Kuwaitization: Civil Service Commission Aims For...
- Kuwait Halts Work Permits For Egyptian Workers Amidst New Regula...
- Kuwait Weather Advisory: Strong Northwesterly Winds And Dust Ex...
- Kuwaiti MPs Express Concerns Over Halted Development Projects Am...
- Syrian Expat Teacher Detained For Allegedly Threatening Students...
- 10 Infrastructure Projects Nearing Completion In Three Growing C...
- Kuwaiti Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah Receives A...
- Kuwaiti Amir And Jordanian King Discuss Bilateral Ties At Basman...
- Internet Censorship Pact Condemned By MP-elect Bushehri
- Police Arrest Two Men Previously Convicted In Misdemeanor Cases
- The Theft Of 50 Birds In Kuwait’s Barr Abdaliyah Area
- Anti-Corruption Authority Efforts Embrace An Integrated Work Sys...
Kuwait Discovered A New Oil Field
Kuwait has made a new discovery of light crude in the western part of the country, which the Kuwait Oil Company said would consolidate the OPEC member country's position as a main oil producer.
The new field, located in Jathathil, is expected to "constitute an important addition to the company's capacity production capacity and country's reserves from light crude and gas", it said.
Kuwait has an estimated 102 billion barrels of proven oil reserves, according to the US Energy Information Administration.
It currently produces 3 million barrels per day and aims to raise its production capacity to 4 million barrels per day by 2020.
Â
SOURCE : ARABIANBUSINESS
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
Comments Post Comment