PUBLICATION
Oil and Gas Investor
Kuwait Oil & Gas 2005 OGI Release
June 04, 2005
Wedged between Iraq, Saudi Arabia and looking out over the Persian Gulf, the territory of Kuwait is tiny. Its landmass of 17,820 square kilometers is just 3% that of Texas and its population of 2.3 million is a half-million fewer than that of Chicago. Its importance in the energy world is as big as that of Texas, nonetheless. Kuwait remains one of the epicenters of the global hydrocarbon industry, producing 2.4 million barrels of oil per day and holding 99 billion barrels (or 9%) of the world’s proven reserves.
RELATED INTERVIEWS MORE INTERVIEWS
"The energy transition can only be funded by big oil, as they are the only players who can balance the low returns of renewables projects with their high earning fossil fuel projects."
"Every oilfield declines without continued investment, so new owners must push hard to restore and increase output. This means significant opportunities for contractors like us in the form of asset upgrades and new projects."
Petromar speaks of the outlook for Angola’s oil and gas service industry for the next two years.
"While in other markets, SPIE often primarily provides technical assistance and workforce supply, our Nigerian operations have evolved into a fully integrated service provider."
RELATED ARTICLES MORE ARTICLES
Cooking with Gas in Mozambique
Rovuma LNG ramps up.
The State of Gabon’s Oil Industry
Gabon’s maturing fields and decreasing production levels, together with the low price regime over the past five years, have brought the country’s oil industry to a turning point.
RECENT PUBLICATIONS
MACIG 2026 - Pre-Release
Africa has been attracting more diverse and innovative capital flows over recent years. The US, Europe, the Middle East, Japan, and even India are all crowding in, while China maintains its already well-established presence.
MORE PREVIOUSLY PUBLISHED
Africa has been attracting more diverse and innovative capital flows over recent years. The US, Europe, the Middle East, Japan, and even India are all crowding in, while China maintains its already well-established presence.
MORE PREVIOUSLY PUBLISHED
MACIG
"Our jurisdictional diversification is certainly a defining characteristic of Thor, but so is the fact that our projects are also diversified by stage of development."
SUBSCRIBE TO OUR NEWSLETTER
SUBSCRIBE TO OUR
NEWSLETTER
- Get GBR content delivered to your inbox
- Receive industry based news
- Completely free, e-mail only
