The energy sector is the backbone of Kuwait’s economy, accounting for 90% of both exports and government revenue. Major projects led by state-owned...
Kuwait Energy
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Chapter | Energy & Utilities from The Report: Kuwait 2018
As hydrocarbons forms the backbone of Kuwait’s economy, the resurgence in global commodity markets bodes well for the future and has led to a renewed sense of optimism. The recovering market is also supporting the government’s diversification efforts under the auspices of the Kuwait National Development Plan, or New Kuwait.
Economic update | State-owned energy company targets increased oil and gas output in Kuwait
6 Dec 2017
A new expansion drive will see Kuwait invest $120bn in hydrocarbons projects through to 2030, with the aim of boosting both upstream and downstream production capacity ahead of an anticipated rise in energy demand.
Articles & Analysis | Exploration and diversification create opportunities in Kuwait's energy sector from The Report: Kuwait 2017
With about 6% of the world’s proven crude oil reserves and 1.34m citizens, Kuwait is a nation with a relatively small population that plays a major role in global energy markets. However, its reliance on a single commodity which is prone to significant fluctuations in value also presents challenges for the economy as a whole, and the energy...
Interviews & Viewpoints | Jamal Jaafar, CEO, Kuwait Oil Company (KOC): Interview from The Report: Kuwait 2017
How will production cuts by the Organisation of the Petroleum Exporting Countries (OPEC) affect KOC’s investment and exploration strategy?
Articles & Analysis | Kuwait's diversification strategy includes public-private partnerships in energy sector from The Report: Kuwait 2017
In 2017 Kuwaiti citizens were offered an opportunity to own a piece of history in an unprecedented stock market floatation. An initial public offering (IPO), which was due to take place by the end of 2017, was for a 50% stake in the country’s first independent water and power project (IWPP), the initial phase of Al Zour north.