Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Legend Robot Unveils How Its Mobile Continuous Spraying Technology Accelerates Vision 2030 Gigaprojects at Big 5 Saudi

    August 25, 2026

    Dewan Announces Two Strategic Managing Director Appointments as Firm Evolves Leadership Structure to Support Continued Growth

    August 25, 2026

    LG ELECTRONICS BRINGS HIGH-EFFICIENCY LIVING TO MORE CONSUMERS AT IFA 2026

    August 25, 2026
    Facebook X (Twitter) Instagram
    Morocco News HubMorocco News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Morocco News HubMorocco News Hub
    Home » Kuwait and Saudi Arabia reach agreement on joint offshore gas development
    Business

    Kuwait and Saudi Arabia reach agreement on joint offshore gas development

    March 21, 2022
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    The energy ministers from Kuwait and Saudi Arabia finalized a development plan for their joint offshore gas field, Dorra, which is capable of producing 84,000 barrels of gas condensate per day and one billion cubic feet of natural gas per day. The development plan, signed by Dr. Mohammad Al-Fares and his Saudi counterpart Prince Abdulaziz bin Salman, envisions using cutting-edge and environmentally friendly techniques to ramp up gas output from the vital project.

    Kuwait and Saudi Arabia reach agreement on joint offshore gas developmentThe project is a joint venture between Gulf Oil Company of Kuwait and Aramco Gulf Operations Company of Saudi Arabia. As per the agreement, gas output will be distributed equally among the neighboring Arab countries of the Gulf at a time when soaring consumption has brought about a rise in energy demands for the two countries. Dorra is situated in the Kuwait-Saudi Neutral Zone, where the production is split equally between the two countries.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    Alibaba secures HK$80 billion to expand AI investment

    August 24, 2026

    South Korea launches Arctic container ship trial to Europe

    August 24, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    South Korea auto exports reach $6.24 billion in July

    August 14, 2026

    Diesel prices rise as US and Europe fuel supplies tighten

    August 12, 2026
    Latest News
    Business

    Alibaba secures HK$80 billion to expand AI investment

    August 24, 2026

    Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to close on Aug. 26, subject to customary conditions.

    South Korea launches Arctic container ship trial to Europe

    August 24, 2026

    Nearly 22,000 Pakistanis deported from Gulf over 4 months

    August 22, 2026

    Australian team finds new way to tackle triple-negative breast cancer

    August 22, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    DR Congo allocated 70,000 doses for Ebola outbreak

    August 21, 2026

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    WHO maps three-month path for Congo Ebola containment

    August 19, 2026
    © 2026 Morocco News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.