Interview: Ahmed Jaber Al Eidan
What are the challenges and opportunities in scaling up non-associated gas production in Kuwait?
AHMED AL EIDAN: Expanding non-associated gas production represents a strategic shift towards diversifying domestic energy resources. Non-associated gas production reached 562m standard cu feet per day and will have a major boost when new Jurassic production facilities are commissioned by the end of 2024. This transformation faces several challenges, such as integrating new facilities into existing infrastructure, ensuring environmental compliance, and managing the advanced technology required for efficient gas extraction and processing. On the opportunity front, this shift is poised to boost gas production capacity by enhancing energy security, reducing dependence on oil, and positioning Kuwait as a critical player in the regional gas market.
How will renewable energy initiatives and emissions targets impact the oil and gas industry?
AL EIDAN: KOC continues to focus on growing its production capacities. Actual crude production capacity reached 2652m barrels per day (bpd) as of early 2024 and is on track to reach 2735m bpd toward the end of the year. Since the start of FY 2023/24, KOC has drilled 68 wells and completed 246 workover operations to maintain production. In addition, KOC plans to drill a total of 438 wells and complete a total of 827 workovers by the end of the fiscal year.
In collaboration with Kuwait Petroleum Company and its subsidiaries, KOC has developed an ambitious energy transition strategy, along with a detailed roadmap for its implementation by 2050. A key aspect of this evolution is optimising existing energy-related infrastructure by upgrading facilities and investing in advanced technologies for more efficient processes. Another key component is research and development, enabling the uptake of technologies such as carbon capture and storage and methane leak detection systems capable of mitigating emissions equivalent to 26m tonnes of CO.
In what ways is Kuwait redefining its energy policies to support sustainability and conservation?
AL EIDAN: Kuwait is transforming its energy policies to align with both global environmental standards and domestic economic targets. This process involves embracing renewable energy, enhancing energy efficiency and embedding sustainability in operations.
The country is investing in solar and wind projects to capitalise on geographical advantages and support diversification away from traditional energy sources. In terms of energy efficiency, the government is implementing measures across various industries to reduce energy consumption and emissions. This includes upgrading infrastructure, promoting energy efficiency and introducing regulations to foster a culture of conservation. Lastly, Kuwait is developing a regulatory framework that encourages investment in clean practices and technologies, as well as public awareness programmes to cultivate a society that values energy conservation and environmental stewardship.
To what extent can local involvement in oil and gas activities help realise New Kuwait 2035?
AL EIDAN: Local companies in the energy sector play a multifaceted role in achieving the objectives set forth in New Kuwait 2035. First, by increasing local participation in the energy supply chain, we are nurturing a more self-reliant industry. This includes encouraging local companies to provide materials, services and skilled labour to support the sector.
Investing in local content development involves economic investment, knowledge transfer and capacity building. This approach helps to create a skilled local workforce capable of leading the sector’s future advancements. The promotion of local entrepreneurship and innovation within the sector aligns with the national vision of economic diversification. By supporting Kuwaiti enterprises and start-ups, we can drive the sector toward more efficient and sustainable practices.