Subscribe to Updates

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

    What's Hot

    ZeroBounce Launches Email Finder to Help Professionals Boost Email Outreach Efforts

    June 6, 2023

    Tom Cruise and cast to grace Abu Dhabi’s Mission: Impossible premiere

    June 6, 2023

    Game-changing Macs: Apple launches Mac Studio and Mac Pro with revolutionary Apple silicon

    June 6, 2023
    Facebook Twitter Instagram
    Angola News FlashAngola News Flash
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Angola News FlashAngola News Flash
    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 WhatsApp Reddit Tumblr 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 Tumblr Email

    Related Posts

    Business June 3, 2023

    EU’s €1.1 billion bicycle exports highlight shift to sustainable living

    Business June 3, 2023

    Strengthening UAE-India relations: Top diplomats discuss economic partnership

    Business May 29, 2023

    Global stocks surge as US debt ceiling agreement brings relief

    Business May 27, 2023

    Global clean energy investment set to reach $1.7 trillion, overtaking oil production

    Business May 27, 2023

    European Investment Bank supports circular economy with €3.4 billion lending

    Business May 27, 2023

    Successful UAE-India partnership stands as a model of bilateral cooperation

    Breaking News

    Tom Cruise and cast to grace Abu Dhabi’s Mission: Impossible premiere

    June 6, 2023

    Game-changing Macs: Apple launches Mac Studio and Mac Pro with revolutionary Apple silicon

    June 6, 2023

    Apple redefines laptop excellence with the thinnest 15-inch MacBook Air

    June 6, 2023

    EU’s €1.1 billion bicycle exports highlight shift to sustainable living

    June 3, 2023

    Strengthening UAE-India relations: Top diplomats discuss economic partnership

    June 3, 2023

    Ayurveda vs science: Decoding the cold water conundrum

    June 2, 2023

    UN urges immediate action to prevent food and aid crises in cyclone-hit Myanmar

    June 2, 2023

    Big tobacco’s big lie: Philip Morris’ smoke and mirrors strategy

    June 1, 2023

    Unveiling the most overlooked early heart attack symptom

    June 1, 2023
    © 2021 Angola News Flash | All Rights Reserved
    • Home
    • Contact Us

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