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KPC ... planning to boost oil production

KPC Review

Warming up to realities

The year 2011 was an eventful one for Kuwait’s oil and gas sector, which is looking beyond its mammoth Burgan field to tap more difficult oil, while planning to boost its downstream capability

KUWAIT has allocated KD 75 billion ($270 billion) for the development of oil-related projects in the country, as part of its development plan, even as the country is planning to expand its total production capacity to 4 million barrels per day (mbpd) by 2020, a target that it hopes to achieve by boosting production capacity from the Greater Burgan oil fields and tapping into its heavy oil reserves.

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Kuwait boosting up refining capacity

The emirate’s oil industry is waiting for the final go-ahead on two massive refinery projects considered critical to the country’s energy future

MOTIVATED more by concerns about domestic power supply and guaranteed demand for its crude, Kuwait plans to boost its domestic refinery capacity by more than half to 1.4 million barrels per day (mbpd) within the next 10 years. Downstream officials say the cabinet could approve two refinery projects worth $30 billion, allowing contracts to be awarded about one year later.

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Total, KPC sign MoU

The proposed refining and petrochemicals platform will be designed to process Kuwaiti crude

TOTAL and Kuwait Petroleum Corporation (KPC) have signed a memorandum of understanding (MoU) on a refining and petrochemicals joint venture in southern China in partnership with Chinese state-owned refiner Sinopec, the French major says.

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Kuwait’s crude production approaches capacity

The oil-rich emirate is currently working toward a goal of increasing capacity to 4 mbpd by 2020 and maintaining that level through 2030. For that 1 mbpd incremental increase, KOC will rely on heavy oil projects

AT 2.9 million barrels per day (mbpd), Kuwait’s current oil production is approaching its capacity, state Kuwait Petroleum Corp (KPC) chief executive Farouk Al Zanki says.

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Committed to Hanoi JV

The state-of-the-art refinery will have an annual oil processing capacity of 200,000 barrels per day

KUWAIT is committed to resolving “outstanding issues” relating to financing its joint venture plan to build a $6.2 billion refinery in Vietnam.

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Farabi Petrochemicals gets recognised by Microsoft

Working with Microsoft Gold Certified Partner, Infosys Limited, a global leader in consulting and technology, the firm was able to build a robust, fully integrated and easy-to-use Enterprise Resource Planning (ERP) system

FARABI Petrochemicals has been recognised by Microsoft giving it the 2012 Industry Excellence Award, as part of the Microsoft Dynamics Customer Excellence Awards programme.

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MJB’s cutting-edge facility opens

The company leads a new chapter in its history, expanding its combined customer base and providing significant new channels for advanced high-technology equipment

MASAOOD John Brown’s (MJB) new facility houses and operates a state-of-the-art repair facility that has witnessed significant investment in its product capability portfolio in addition to the considerable investment over the previous 10 years.

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Hydraulic tools leader unveils new catalogue

Hi-Force’s catalogue, which is full of technical and company information, also includes the latest additions to company’s range

HI-FORCE, the leading UK-based manufacturer of high pressure hydraulic tools and equipment has launched its 2012 catalogue. Consisting of over 1,900 products and spread across 192 pages, the new Hi-Force 2012 catalogue is by far the biggest and most comprehensive offering.

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