Close Menu

    Subscribe to Updates

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

    What's Hot

    Phygital Contenders Astana 2026 Wraps Up with New Champions and Games of the Future 2026 Qualifiers Confirmed

    June 15, 2026

    STARTRADER Hosts KTH Alumni Evening in Dubai, Connecting AI, Technology, and Innovation Leaders

    June 15, 2026

    Building the AI-First Gulf: How GCC Enterprises Are Entering the Next Digital Era

    June 13, 2026
    • Home
    • Contact Us
    Khaleej GazetteKhaleej Gazette
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Khaleej GazetteKhaleej Gazette
    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 WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    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.

    Related Posts

    Samsung leads global chip investment with US$59.2B spend

    June 10, 2026

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026

    Korean cosmetics exports hit US$5.6 billion in five months

    June 8, 2026

    Investor interest lifts UAE real estate in global index

    June 5, 2026

    Dollar heads for weekly gain as yen nears 160 level

    June 5, 2026

    Tokyo market splits as Nikkei sets closing record

    June 2, 2026
    Latest News

    South Korea tops Czechia 2-1 in FIFA World Cup Group A

    June 12, 2026

    UAE and US discuss UN cooperation in Abu Dhabi

    June 11, 2026

    KSQF UNICEF project helps children leave Congo mines

    June 11, 2026

    Kuwait flights resume after brief airspace closure

    June 11, 2026

    Samsung leads global chip investment with US$59.2B spend

    June 10, 2026

    DR Congo Ebola cases rise to 598 as deaths reach 115

    June 10, 2026

    Nvidia expands South Korea AI and data centre deals

    June 9, 2026

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026
    © 2026 Khaleej Gazette | All Rights Reserved
    • Home
    • Contact Us

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