Kuwait

Kuwait's current oil production of 2.8 million bpd is expected to increase to 4 million bpd by 2020. To realize this production target, Kuwait Petroleum Corporation plans to spend US$51 billion between 2007 to 2012 to upgrade and expand the country's existing refineries. However, the country's economy was badly affected by the global financial crisis of 2008. In 2009, the Central Bank of Kuwait devised a US$5.15 billion stimulus package to help boost the economy.

Latest News

ITF Signs up Kuwait Oil Company as a New Member
Monday, November 01, 2010
Petrofac Awarded Water Injection Project With Kuwait Oil Company
Monday, August 09, 2010
Petrofac Awarded Pipeline Project With Kuwait Oil Company
Thursday, July 29, 2010
Kuwait Aligns Itself with OPEC Quota Cuts
Tuesday, January 06, 2009
Petrofac Awarded US$543 Million Lump-sum Contract with Kuwait Oil Company
Sunday, November 16, 2008
Fluor Awarded Five-Year $334 Million Contract by Kuwait Oil Company
Tuesday, January 08, 2008

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Upcoming Events & Training

Empowering Women's Leadership in Engineering Conference
Monday, April 23, 2012 until Wednesday, April 25, 2012
Posted by SPE Middle East, North Africa, and India
SPE Kuwait International Petroleum Conference and Exhibition
Wednesday, December 12, 2012 until Friday, December 14, 2012
Posted by SPE Middle East, North Africa, and India

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