Saudi Says It and Kuwait Have Right to Exploit Gas-rich Offshore Area

Reuters
Wednesday, April 20, 2022

The Saudi cabinet reaffirmed the right of the kingdom and its neighbor Kuwait to exploit natural resources at a joint, energy-rich, offshore area, the state news agency reported on Tuesday.

It also stressed the right of the two countries to develop the Durra natural gas field, located in this area, the agency said after a cabinet meeting.

Saudi Arabia and Kuwait invited Iran earlier this month to hold negotiations to determine the eastern limit of the joint area.  

(Reuters - Reporting by Yasmin Hussein and Mahmoud Mourad / Editing by Chris Reese)

Categories: Energy Middle East Industry News Activity Production

Related Stories

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

Egypt Instructs International Oil Companies to Double Production by 2030

Chevron Enlists Subsea7 for Mediterranean Sea Job

Current News

Ndungu Full-Field Starts Up Offshore Angola

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Subscribe for OE Digital E‑News