Saudi Arabia and Kuwait close to agreement for contested oil fields
The two countries are close to resuming oil production in the disputed "neutral zone" after the US has brokered an agreement between the two states.
News on Kuwait.
The two countries are close to resuming oil production in the disputed "neutral zone" after the US has brokered an agreement between the two states.
Kuwaiti oil company KufPec has invested close to USD 1 billion in the Norwegian North Sea in the past couple of years, and the company is now looking to become an operator in the region, CEO tells media Finansavisen.
A Kuwaiti tanker carrier owned by the country's oil refiner is weighing whether to raise close to USD 3.3 billion to finance a fleet expansion, sources say.