Related Articles
Outlook 2017
Forward article link
Share PDF with colleagues

Full speed ahead for Kuwait

Kuwait is on the road to boosting oil-production capacity to 4m b/d, but lifting fuel subsidies will be trickier

Kuwait will forge ahead in 2017 with plans to boost its crude-oil-production capacity to 4m barrels a day by the end of the decade, through partnerships with Shell and BP. Enhanced technical-service agreements with the two European oil majors will raise capacity from the present level of 2.8m b/d. Shell will develop the Ratqa field, near the Iraqi border in northern Kuwait. A first phase of development has a target of producing 60,000 b/d of heavy crude oil. This will rise to 120,000 b/d by 2020 and possibly to 270,000 b/d at a later date. Shell separately is helping with water management at a number of fields. BP is tasked with maintaining production of 1.7m b/d at the supergiant Burgan f

Also in this section
Latest licensing rounds
20 July 2018
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Targeting frontier areas in the North Sea
19 July 2018
Latest license round set to unlock stranded reserves
Extending the life of the North Sea
19 July 2018
Oil and gas production is likely to sag in the coming years, but the industry won’t go without a fight