KPC Review

Kuwait Petroleum Corporation is taking a long-term view regarding investments and that strategic decisions made today will be enacted three to five years from now Kuwait, the Organization of the Petroleum Exporting Countries’ (Opec) third largest oil producer, plans mega-investments of about $100 billion in the next five years to modernise oil infrastructure, the country’s oil minister says. “We already have started the implementation of the 2030 strategy...






Over the years Kuwait has faced delays on new projects, many of which have been blamed on political disagreements over contracts awarded to foreign companies KUWAIT oil officials have privately acknowledged the country won’t meet a goal of boosting oil-production capacity 25 per cent by 2020, people familiar with the matter say.The delay points to the politics of a country where an elected parliament holds real power, and the constitution bans foreign...






The projects include a propylene complex and its derivatives, which will produce the products using the available amounts of propane, with facilitations from Alex Gasco EGYPT and Kuwait have signed a memorandum of understanding to invest in projects in the petrochemical and phosphate fertiliser sectors.The projects include: a complex for polypropylene production and its derivatives; a project for formaldehyde and its derivatives; and a complex for phosphate...






The firm’s reputation for high performance and quality standards in Saudi Arabia will underpin an expansion drive wherever the specialist driller’s technology is required IN LATE 2014, Azmeel Thrust Boring Company – a specialised division of Saudi Arabia’s diversified Azmeel Group of companies – embarked on one of its biggest, and arguably most challenging and complex projects since it was established more than three years ago.The project called for a total of 15,800...






Cook Compression’s Abu Dhabi facility supplies a comprehensive range of compressor components that enable customers to replace worn parts, upgrade performance, and extend the run times of their machines COOK Compression, an innovative developer and trusted provider of reciprocating compressor components to both end-users and original equipment manufacturers (OEMs), specialises in the design, manufacture and supply of compressor valves, packing cases, pistons, rider and wiper rings, rod packing...






STATE refiner Kuwait National Petroleum Company has approved a KD1 billion ($3.33 billion) allocation to build a LNG import and re-gasification facility. Implementation of the project is expected to begin by the end of 2015, KNPC Deputy CEO for Projects Hatem Al Awadi says.He did not provide further...






The MHP series of pumps has been developed and designed to offer the ideal solution for major applications, including hydro-testing of pipes, pressure vessels, valves and also back-up systems and other pressure retaining equipment Hi-Force, one of the leading global manufacturers of high pressure hydraulic tools has recently launched a new series of two speed manually operated hydrotest pumps (MHP). The MHP series comprises of five models with varying pressure capacities from 100 to 1000 bar. The Hi-Force research...






The Kuwait-Iraqi committee also produced a number of preliminary agreements including a long-term proposal to reach a method of administering and managing hydrocarbon development and production operations with the massive reservoirs Kuwait and Iraq have signed two memorandums of understanding about oil fields that straddle their mutual border and the possibility of Kuwait importing natural gas from Iraq.Details of the memos were not given, but KPC managing director of Petroleum Services Sheikh Talal Al Sabah says they were the...






Pakistan has a large sedimentary basin covering over 827,268 sq km and spread over both onshore and offshore. The majority of the area has remained unexplored A MEMORANDUM of Understanding (MoU) has been signed between the Government of Pakistan, Kuwait Petroleum Corporation and Kithara Pakistan for exploration of oil and gas in Baharpur block.The ceremony was witnessed by Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and...






NI is actively participating in the Internet of Things (IoT) revolution by enabling firms to address the complexity required by the Smart Field, achieved by providing them access to smarter systems, leveraging big data and offering technologies National Instruments (NI) Arabia, a subsidiary of National Instruments Corporation, says it is constantly evolving to be at the forefront of the leading edge of technology, giving the domestic market access to easy-to-use systems and allowing it to overcome the greatest engineering challenges and...






A consortium led by UK-listed oil services firm Petrofac has landed a $4 billion project in Kuwait that will lead to the production of 60,000 bpd of heavy crude oil from the Lower Fars development in the country’s north. This is Petrofac’s tenth project in Kuwait to date and underscores the...






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