Kuwait’s offshore exploration enters new era: Official

  • Date: 14-Sep-2023
  • Source: Kuwait Times
  • Sector:Oil & Gas
  • Country:Kuwait
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Kuwait’s offshore exploration enters new era: Official

KUWAIT: The Kuwaiti Ministry of Oil (MoO) confirmed that the offshore exploration drilling project enters a new and promising era of oil and gas exploration operations in the country, contributing to achieving the Kuwait Petroleum Corporation’s 2040 strategy and increasing its production capacity. The Director of Public Relations and Media at the Ministry Sheikha Tamader Khaled Al-Ahmad Al-Jaber Al-Sabah said during a discussion panel organized by the ministry on Wednesday entitled “Offshore Drilling Project,” that the project currently being implemented by Kuwait Oil Company (KOC) will broaden horizons for a future that the country looks forward to for further development.

She pointed out KOC’s keenness to ensure that the offshore drilling experience is complete, integrated and safe in all its aspects, underscoring the aim of achieving the maximum benefit. On his side, Senior Geophysicist at KOC Maitham Ebrahim underlined the importance of the marine exploration project as a national project whose purpose is to contribute to increasing Kuwait’s reserves of hydrocarbon resources. The project ensures the continuity of new hydrocarbon resources to meet the needs of the global market and enhances Kuwait’s role as one of the reliable producers in the world, Ebrahim said.

The project includes Kuwait among the leading regional