Kuwait hosts Gulf and global energy debate
Petroleum Economist’s 5th GCC Energy Strategy Forum in Kuwait City on 5 February will showcase the country’s strategy and that of other Gulf states in the face of a changing global energy environment
Kuwait has plenty on its energy plate to share with the world. Upstream contracts awarded over recent years are beginning to produce results. The project to develop difficult sour gas (Jurassic) reserves is underway, with initial output of around 500mn cfd of gas and 200,000 bl/d of condensate. Production of heavy crude oil from fields in the north of the country has also begun. The scope for further upstream investment will be outlined by Kuwait's new Minister of Oil, Electricity and Water, Dr Khaled Al-Fadhel and Kuwait Petroleum Corporation deputy Chairman and CEO, Hashem Hashem. Each will be giving a Keynote Address at the start of the GCC Energy Strategy Forum, providing a unique opport
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
