Kuwait Energy

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Kuwait Energy announces discovery at Abu Sennan, Egypt

Kuwait Energy and their main partner, the Egyptian General Petroleum Corporation (EGPC), announced Wednesday that the operated exploration well ASA-1 st3 on the Abu Sennan license, onshore Egypt discovered hydrocarbons in the Abu Roash' E' and Abu Roash ' C' formations. The ASA-1 st... Friday, October 24, 2014

Dragon Oil provides an update on the Faihaa-1 exploration well

Dragon Oil plc (Ticker: DGO) advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest), today issued the following update on the exploration well, Faihaa-1, being drilled in the block. FAIHAA-1 WELL UPDATE "Kuwait, September 10, 2014: Kuwait Energy ("... Wednesday, September 10, 2014

Kuwait Energy announces first oil discovery in Block 9, Iraq

Kuwait Energy announces that the consortium comprised of Kuwait Energy (70% and operator) and Dragon Oil (30%) has made its first oil discovery at 'Block 9', Iraq. The successful discovery was at the consortium's first target, the Mishrif formation at 2,700 meters, in its Block 9 explor... Wednesday, September 10, 2014

Dragon Oil annoucnes signing of contract for Iraqi exploration Block 9

Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, announces that today the Iraqi Ministry of Oil and the Tender Committee signed the final service contract with a consortium of companies, including Dragon Oil, for the exploration, development... Monday, January 28, 2013

Kuwait Energy starts commercial production in Abu Sennan

Kuwait Energy and its main partner in Egypt, the Egyptian General Petroleum Corporation, announce that they have begun production of oil and gas condensate in four wells within the Abu Sennan concession. The announcement follows successful exploration activities over the last eight months. The Abu S... Friday, August 17, 2012

Lukoil-led group win Block 10 bid

Lukoil-led group have won a bid for a key oil block in the second day of bidding at Iraq's energy auction. Tough contract terms had led to a disappointing opening to bidding of the 12 new oil and gas fields the OPEC member nation had put up for auction. The 5,500-square-km Block 10 deal in Muth... Thursday, May 31, 2012

A Consortium led by Kuwait Energy awarded exploration and development contract for 'block 9', Iraq

Kuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, announced today that a consortium led by the company was awarded today the exploration and development contract of 'block 9' in Basra, Iraq. The announcement was made by the Iraqi Ministry of Oil ... Wednesday, May 30, 2012

Dragon Oil announces award of Iraqi exploration block

Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, announced today that a consortium including Dragon Oil has been awarded an exploration, development and production contract (EDPSC) for Block 9 in Iraq's fourth bidding round. Block 9 is l... Wednesday, May 30, 2012

Iraq launches fourth energy auction

Iraq has launched its fourth energy auction for 12 new oil and gas areas across the country as it seeks to expand its crude reserves and become a major gas exporter. This is the latest step in Iraq's program to rapidly build up its energy sector after years of war and sanctions. The two-day auc... Wednesday, May 30, 2012

Kuwait Energy makes a new well discovery in the Western Desert in Egypt

The new well is named Al Jahraa-1X and is located in the Abu Sennan exploration concession where Kuwait Energy is the operator and holds a 50% working interest. The Al Jahraa-1X well was drilled at 12,210 feet depth and showed commercial flow rates of 835 barrel of oil equivalent per day (boepd) in... Tuesday, February 14, 2012

Third Egyptian exploration discovery in Beach's Abu Sennan concession

Beach Energy Limited (ASX: BPT, 'Beach') is pleased to announce its third discovery at the Al Jahraa-1 exploration well in the Egyptian Abu Sennan concession. The Al Jahraa-1 well, located about 15 kilometres west of the Al Ahmadi-1 and ZZ-4 discoveries, was the third well drilled as part of... Friday, February 10, 2012

Kuwait Energy makes a new oil discovery in Gulf of Suez

The newly discovered Ahmad-1X well was drilled to 2,110 meters depth. The initial test recorded a flow rate of 890 barrels of oil equivalent per day from the Kareem formation level. This discovery brings the total number of oil, gas and condensate discoveries made by Kuwait Energy in Egypt, since 20... Wednesday, January 25, 2012
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