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Entries Tagged as 'production'

Kuwait to expand oil production and refining through 2020

February 6th, 2008 · 1 Comment

The following report from Middle East Online indicates Kuwait may open new areas to international oil companies for exploration and development in an effort to boost oil output from 2.5 mb/d to 4 mb/d by 2020. In addition, refining capacity would increase by about 500,000 per day. Here it is:

Kuwait to upgrade vital energy sector

Gulf state of Kuwait plans to spend 51 billion dollars over next five years on oil development.

By Omar Hasan - KUWAIT CITY

The Gulf state of Kuwait plans to spend 51 billion dollars over the next five …

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Tags: Middle East · production