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

Published

©pavlofox/AdobeStock
©pavlofox/AdobeStock

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)

Current News

Baltic Power Offshore Wind Farm Delivers First Electricity to Polish Grid

Baltic Power Offshore Wind Far

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Eni Enlists OneSubsea for Deep

Petrobras Concludes Acquisition of São Tomé and Príncipe Offshore Block

Petrobras Concludes Acquisitio

Marco Polo, Siemens Gamesa Ink Two-CSOV Framework Agreement

Marco Polo, Siemens Gamesa Ink

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine