{"id":7630,"date":"2023-09-13T12:01:05","date_gmt":"2023-09-13T12:01:05","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=7630"},"modified":"2023-09-13T12:01:06","modified_gmt":"2023-09-13T12:01:06","slug":"kuwait-oils-first-offshore-drilling-expected-to-end-in-2026","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/7630\/","title":{"rendered":"Kuwait Oil’s first offshore drilling expected to end in 2026"},"content":{"rendered":"
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RoydadNaft –<\/a> Kuwait Oil Company’s first offshore exploratory and drilling operations for oil and gas are expected to end in 2026, the state-owned firm’s chief geologist said.<\/p>\n\n\n\n

But the timeline “depends on the progress of operations at sea,” Kuwait Oil Company’s Ahmed Al-Otaibi told reporters during a briefing at the Kuwaiti oil ministry on Wednesday.<\/p>\n\n\n\n

If drilling is successful, new production could begin and potentially boost Kuwait’s oil and gas output.<\/p>\n\n\n\n

Kuwait began exploring offshore as it invests to meet future oil demand and received its first offshore rig in mid-2022, Kuwait Petroleum Corporation Chief Executive Sheikh Nawaf Saud al-Sabah told Reuters in June last year. Kuwait Petroleum Corporation is Kuwait Oil Company’s parent.<\/p>\n\n\n\n

The operations, in an area of Kuwaiti waters about a third the size of Kuwait’s land area, began last year and are expected to take four years, Al-Otaibi said.<\/p>\n\n\n\n

The firm will drill six offshore wells in the exploratory area of 6,000 square kilometres.<\/p>\n

Updated on