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2016-04-03 16:10:00

KUWAIT & SAUDI AGREE

KUWAIT & SAUDI AGREE

 

AL-KHAFJI OIL 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.

ogj.com

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More: 

SAUDI LOSES MARKET 

SAUDI EXPANSION 

SAUDI & SHELL SHARES 

RUSSIA & KUWAIT COOPERATION 

AS THE FOOL THINKS, SO THE BELL CLINKS 

SAUDI'S DEFICIT 20%

 

Tags: KUWAIT, SAUDI, OIL, OFFSHORE, KHAFJI
KUWAIT & SAUDI AGREE January, 22, 08:05:00

U.S. - RUSSIA'S NUCLEAR

KUWAIT & SAUDI AGREE January, 22, 08:00:00

ONGC BUYS FOR $5.78 BLN

KUWAIT & SAUDI AGREE January, 22, 07:55:00

RUSSIAN LNG TO U.S.

KUWAIT & SAUDI AGREE January, 22, 07:50:00

ALBANIA NEED INVESTMENT

KUWAIT & SAUDI AGREE January, 22, 07:45:00

GAS PRICES: $3.185/MMBTU

KUWAIT & SAUDI AGREE January, 22, 07:40:00

SCHLUMBERGER IS BETTER

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Chronicle:

KUWAIT & SAUDI AGREE
2018, January, 22, 07:35:00

SCHLUMBERGER NET LOSS $1.5 BLN

SCHLUMBERGER - Full-year 2017 revenue of $30.4 billion increased 9% year-on-year. This included a full year’s activity from the acquired Cameron businesses as compared to three quarters of activity in 2016. Excluding the addition of Cameron, revenue growth was driven by land activity in North America, which increased by 82% in line with the increase in rig count. Full-year Production Group revenue increased 21%, Reservoir Characterization Group revenue improved 2%, and Drilling Group revenue declined 2%.

KUWAIT & SAUDI AGREE
2018, January, 22, 07:30:00

U.S. RIGS DOWN 3 TO 936

BAKER HUGHES A GE - U.S. Rig Count is down 3 rigs from last week to 936, with oil rigs down 5 to 747, gas rigs up 2 to 189, and miscellaneous rigs unchanged. Canada Rig Count is up 49 rigs from last week to 325, with oil rigs up 23 to 208 and gas rigs up 26 to 117.

KUWAIT & SAUDI AGREE
2018, January, 19, 12:45:00

OIL PRICES: ABOVE $68

REUTERS - Brent crude futures were at $68.78 at 0128 GMT, down 53 cents, or 0.8 percent, from their last close. On Monday, they hit their highest since December, 2014 at $70.37 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $63.36 a barrel, down 59 cents, or 0.9 percent, from their last settlement. WTI marked a December-2014 peak of $64.89 a barrel on Tuesday.

KUWAIT & SAUDI AGREE
2018, January, 19, 12:40:00

УСТОЙЧИВОСТЬ РОССИИ: $40/BBL

МИНФИН РОССИИ - Когда мы говорим, что при формировании бюджета закладываем цену на нефть 40 долларов за баррель, все дополнительные нефтегазовые доходы, которые получаем сверх этой цены (только от нефти и газа, конъюнктурные доходы), мы не тратим, а сберегаем. Не разгоняем тем самым расходные обязательства.

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