Kuwait, Saudi Arabia agree to restart jointly held Khafji field

Kuwait and Saudi Arabia agreed to resume production at offshore Khafji oil field although no restart date was immediately available, Kuwait News Agency (Kuna) reported, saying Anas al-Saleh, Kuwait’s acting oil minister, told Kuwait’s Parliament that maintenance was planned first at the field.

Production at Khafji was halted in October 2014 because of environmental concerns. The 300,000-b/d field lies in the Saudi-Kuwaiti neutral zone. Kuwait Gulf Oil Co. and Saudi Aramco Gulf Operations Co. jointly operate it. Neither company commented on restart reports.

The restart initially will involve “small quantities, which would be increased taking into consideration environmental concerns,” before returning to normal levels, Kuna said.

Separately, Saudi Arabia and Kuwait are expected to attend an Apr. 17 meeting in Qatar of major oil producers, members of the Organization of Petroleum Exporting Countries, as well as non-OPEC members, to discuss a proposed production freeze at January levels.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...