KOC to produce 800,000 barrels per day from Northern Kuwait by 2026 – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

  • Date: 30-Dec-2022
  • Source: Arab Times Kuwait
  • Sector:Oil & Gas
  • Country:Kuwait
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KOC to produce 800,000 barrels per day from Northern Kuwait by 2026 – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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Company raises efficiency of drilling operations in 12 platforms

KUWAIT CITY, Dec 29: The Kuwait Oil Company said that a road map has been drawn up to boost the country’s production and reach production of 800,000 barrels per day from northern Kuwait by 2026, reports Al-Qabas daily. The company indicated that the most prominent achievement in the field of boosting production in 2022 is that its level in the northern Kuwait operations area has reached 600,000 barrels per day. The company indicated that the share of the northern fields will reach 25% of the company’s total oil production within 5 years, pointing out that the road map aims to produce 700,000 barrels within two years from now.