Kuwait Foreign Petroleum Exploration Company (KUFPEC), a wholly-owned subsidiary of Kuwait Petroleum Corporation, has signed an exploration and production MoU with PetrleosMexicanos (PEMEX)
Exploration & Production
MOL gets approval for FDP in Kurdistan Region of Iraq
The Kurdistan Regional Government has approved a new field development plan (FDP) for an onshore block that is majorly-owned by Hungary’s MOL
Algeria to hold second bid round for oil and gas blocks
Algeria will hold another auction round for foreign energy firms in coming weeks, according to government sources
Kuwait Energy and EGPC finds hydrocarbon onshore Egypt
Kuwait Energy and its partner Egyptian General Petroleum Corporation (EGPC) have discovered hydrocarbon in the North African country
Inpex begins production from Abu Dhabi’s Umm Lulu oilfield
Japan’s oil and gas exploration firm Inpex, through its wholly-owned subsidiary Japan Oil Development Company Limited (JODCO), has commenced oil production from Umm Lulu offshore oilfield in Abu Dhabi