With the sixth-largest proven oil reserves in the world, Kuwait is among the world’s principal hydrocarbons powers. The Gulf country is also one of the top energy sector investors, with a range of mega-projects under way. While the sector is a national industry, Kuwait is also a destination for international players, with a range of contract and tendering opportunities available, from the...
Kuwait Energy
Chapter | Energy & Utilities from The Report: Kuwait 2019
With the sixth-largest proven oil reserves in the world, and an industry that dates back to the early days of oil and gas dominance in energy, Kuwait is among the world’s principal hydrocarbons powers. Yet, given the lower oil prices seen in global markets in recent years, initiatives outlined in the New Kuwait 2035 development plan come at a critical time in terms of enhancing the state’s competitiveness as a destination for foreign direct investment.
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Interviews & Viewpoints | Hashem Hashem, Deputy Chairman and CEO, Kuwait Petroleum Corporation (KPC): Interview from The Report: Kuwait 2019
To what extent are operational efficiencies being strengthened across KPC subsidiaries to improve productivity and optimise costs?
Interviews & Viewpoints | Emad Sultan, CEO, Kuwait Oil Company (KOC): Interview from The Report: Kuwait 2019
How is Kuwait pursuing its energy security goals, and will expansion of gas production play a role?
Articles & Analysis | Two Kuwaiti energy projects aim to improve local refining capacity and petrochemicals production from The Report: Kuwait 2019
The Kuwaiti government is set to become one of the world’s largest downstream oil and gas investors thanks to plans by state-owned Kuwait Petroleum Corporation (KPC) to diversify its oil products and boost petrochemicals output. Central to this strategy, which comes at a $50bn price tag, is the goal of more than doubling the country’s refining...
Articles & Analysis | Heavy investment in Kuwait’s energy industry to move away from crude oil exports from The Report: Kuwait 2019
With the sixth-largest proven oil reserves in the world, and an industry that dates back to the early days of oil and gas dominance in energy, Kuwait is among the world’s principal hydrocarbons powers. The Gulf country is also one of the top energy sector investors, with a range of mega-projects under way in refining, petrochemicals, new...
Articles & Analysis | Solar power in Kuwait to help reduce energy imports and recover oil from mature wells from The Report: Kuwait 2019
At the 2012 UN Conference on Climate Change in Doha, the emir of Kuwait announced that the country was aiming to generate 15% of its electricity from sun and wind by 2030 – a target since reasserted in the New Kuwait 2035 vision. While this goal will help reduce greenhouse gas emissions and combat climate change, Kuwait’s desire to boost...
Articles & Analysis | As costs decline, renewable sources are seeing an inexorable rise, particularly among developing economies from The Report: Kuwait 2019
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...