Kuwait Energy signs export oil sales deal for Iraqi block
Kuwait Energy signs export oil sales agreement with State Oil Marketing Company (SOMO) for the Block 9 oilfield onshore Iraq
E&P
MENA energy investments forecast to reach US$900bn
Total committed and planned energy investments in the MENA region, including Iran, will reach US$900bn over the next five years, according to a new report published by the Arab Petroleum Investments Corporation (APICORP)
Kuwait looks to raise oil production by 165,000 bpd this year
Kuwait expects to raise its oil output capacity to 3.165mn bpd by the end of this year as upstream development projects continue to move ahead, adding 165,000 bpd to the current three million bpd
Qatar crude production rises in February by 8.63 per cent
Qatar’s crude oil production increased to 692,000 bpd in February 2016, compared with 637,000 bpd in January, QNB has said in a new report
Saudi Aramco continues Khurais oil field expansion despite oil price slump
Saudi Aramco has chosen not to cancel its Khurais oil field expansion despite falling oil prices, according to its President Amin Nasser
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