Search results for: kuwait

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  • 5 January 2012
    Business & Finance

      The state-owned Kuwait Petroleum Corp. has given approval to Kuwait Oil Tanker Co. to grant contracts worth $556 million to South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (042660) for five crude-oil tankers, reports Bloomberg. The tankers are deemed to be part of Kuwait Oil Tanker’s plans for nine new vessels, in a third […]

  • 6 January 2020
    Ports & Logistics, Project & Tenders

    LNG giant Qatar Petroleum and Kuwait Petroleum Corporation (KPC) entered into a long term sale and purchase agreement for the supply of up to 3 million tons per annum of LNG to Kuwait.

  • 6 January 2020
    Business & Finance

    Kuwait secures the influx of LNG.

  • 8 February 2011

      Shell has joined a number of leading British businesses in Kuwait in taking part in the eighth Britain in Kuwait Exhibition at Salwa Al-Sabah Ballroom in Kuwait City that is being organised held under the patronage of His Highness Sheikh Nasser Al-Mohammed Al Ahmed Al Sabah, Prime Minister, and British Ambassador, Frank Baker. The […]

  • 7 April 2016
    Business & Finance

    Qatar Liquefied Gas Company Limited 2 (Qatargas 2) and Kuwait Petroleum Corporation (KPC) have executed an agreement to supply half a million tonnes of Liquefied Natural Gas (LNG) to Kuwait over the next four years, starting from March 2016. The LNG will be sourced from Qatargas 2, a joint venture between Qatar Petroleum, ExxonMobil and […]

  • 27 May 2014
    Vessels

    Trinidad shipped an LNG cargo from the Point Fortin terminal to Kuwait on Saturday, according to shipping data. The cargo is being carried by the 138,000 cbm Sestao Knutsen, and it is due to arrive at the Mina Al-Ahmadi LNG terminal on June 27. Excelerate Energy designed and constructed the Mina Al-Ahmadi GasPort (MAAGP). Located approximately 20 miles […]

  • 22 November 2012
    Business & Finance

    A recent World Bank report ranked Kuwait in 36th place out of 155 countries in terms of the movement of goods and services through its ports, but traffic congestion at existing locations has prompted significant investment into new facilities in order to capitalise on commercial potential and secure gateway status for the Northern Gulf region. […]

  • 14 April 2014
    Project & Tenders

    Shell and BP have reportedly signed deals to supply Kuwait with LNG over the next 5-6 summers. The total volume of LNG to be delivered between the two companies would be around 2.5 mtpa, Jamal Al-Loughani, deputy director of marketing at Kuwait Petroleum Corp. (KPC), told the Kuwaiti Al-Seyassah newspaper. According to the report, Kuwait […]

  • 30 August 2016

    Rotterdam-based Van Oord on Tuesday said work continues on land reclamation in Kuwait for Kuwait National Petroleum Company’s (KNPC) LNG import facility.

  • 28 February 2013

    Kuwait’s Minister of State for Cabinet Affairs and Minister of State for Planning and Development Rola Dashti invited Thursday Chinese investors to have a share in the development projects in Kuwait. “Kuwait is looking forward to bigger contribution from China state-owned and private companies in the execution of its ambitious multi-billion dollar development plan,” Dashti […]

  • 24 February 2011
    Project & Tenders

      Shell announced today it have signed a Memorandum of Understanding (MoU) with Kuwait Petroleum Corporation to jointly investigate new business opportunities. The MoU with KPC, covers areas of co-operation across the upstream and downstream businesses, energy security, research and development and in corporate areas such as human resources and planning. The signing ceremony was […]

  • 15 July 2013
    Business & Finance

    CCCC Guangzhou Dredging Co., Ltd. has recently won the bid for the temporary channel dredging of Kuwait’s Subiyah Cross-Sea Bridge, marking its successful entry into Kuwait’s dredging market. With a construction period of 225 days and a total contract value of some 15 million US dollars, the channel involved in the project covers a length […]

  • 18 September 2015

    Kuwait is planning to start an offshore drilling project soon to boost its crude oil production. The planning chief at Kuwait Oil Company (KOC) Bader Al-Attar said this during a symposium organized by the Kuwait Ministry of Oil on Wednesday, as reported by the Kuwait News Agency, KUNA. “The company will start offshore discovery and digging […]

  • 8 January 2018
    Business & Finance

    London-listed oil and gas company Soco International is discussing a possible merger with MENA-focused Kuwait Energy. 

  • 4 July 2014
    Vessels

    Trinidad shipped an LNG cargo from the Point Fortin terminal to Kuwait on Wednesday, according to shipping data. The cargo is being carried by the 138,000 cbm Bilbao Knutsen, and it is due to arrive at the Mina Al-Ahmadi LNG terminal on July 27. Excelerate Energy designed and constructed the Mina Al-Ahmadi GasPort (MAAGP). Located approximately 20 miles south […]

  • 14 February 2012

    Kuwait has purchased three consignments of liquefied natural gas, Mr. Jamal Al-Loughani, Deputy Managing Director of Marketing Operations, International Marketing Sector, Kuwait Petroleum Corporation said. He said that one consignment will be delivered early next April and the second consignment during the first half of the month and the third consignment in the second half […]

  • 26 March 2014

    Gazprom’s CEO Alexey Miller and Abdulaziz Al-Adwani, Ambassador Extraordinary and Plenipotentiary of the State of Kuwait to the Russian Federation, met on Tuesday in Moscow where they addressed the cooperation broadening as part of Gazprom’s LNG supplies to Kuwait, Gazprom said in a statement. In 2012 natural gas production in Kuwait totaled 15.5 billion cubic meters, […]

  • 22 November 2012
    Business & Finance

    A recent World Bank report ranked Kuwait in 36th place out of 155 countries in terms of the movement of goods and services through its ports, but traffic congestion at existing locations has prompted significant investment into new facilities in order to capitalise on commercial potential and secure gateway status for the Northern Gulf region. […]

  • 25 August 2014
    Business & Finance

    Kuwait Petroleum Corporation (KPC) has signed a historic deal with China’s Unipec which will see almost doubling of KPC’s shipments of crude to China. This is a milestone deal for KPC, under which, as of 2014 KPC will provide Unipec crude oil with the volume expected to reach 300,000 barrels per day (bpd). The amount […]

  • 7 April 2016
    Vessels

    Qatargas and Kuwait Petroleum Corporation (KPC) have signed an agreement for the supply of half a million tonnes of liquefied natural gas to Kuwait over the next four years. The LNG will be sourced from Qatar Liquefied Gas Company Limited (2) (Qatargas 2) , a joint venture between Qatar Petroleum, ExxonMobil and Total which started […]

  • 28 February 2013
    Equipment

    Grandweld Shipyards, a Dubai-based shipbuilder, has announced the signing of a contract with Kuwait Oil Company to design and build a series of four Crane / Workboat class vessels. The contract is valued at a total of USD 50m over the duration of the build. Grandweld’s Crane/Work boats are designed and built in-house to meet […]

  • 5 April 2006

    KUWAIT: Kuwait has officially taken delivery of the giant oil tanker Kazma 3 yesterday. Kazma 3 is part of the modern fleet of the Kuwait Oil Tanker Company which has embarked on a fleet renewal programme.