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.

(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, ...

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 ...

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 ...

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 ...

Leucipa™, FusionPro™ integration will optimize ESP operations Agreement follows third-quarter award for advanced wireline, perforation technology This agreement follows a third-quarter award from KOC ...

In a statement sent to Rigzone on Thursday, BP announced that it and Kuwait Oil Company have signed an extension of the Enhanced Technical Services Agreement (ETSA) between the companies. The ...