Close Menu

    Subscribe to Updates

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

    What's Hot

    Jiahui Launches International Cell Therapy Center to Expand Global Access to CAR-T Treatment

    October 28, 2026

    Formerra Adjusts Transportation Surcharge Amid Continued Freight and Logistics Pressures

    October 27, 2026

    Fertiliser costs from Iran war put African harvests at risk

    October 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Jiahui Launches International Cell Therapy Center to Expand Global Access to CAR-T Treatment
    • Formerra Adjusts Transportation Surcharge Amid Continued Freight and Logistics Pressures
    • Fertiliser costs from Iran war put African harvests at risk
    • BRICS lawmakers hold talks with Modi at New Delhi forum
    • Microsoft voluntary exit offer covers 27% of its workforce
    • XCMG Deploys Heavy Equipment to Support Nairobi Building Collapse Rescue
    • 3TREES Shines at Big 5 Construct Kenya, Showcasing Healthy Living Solutions for East Africa
    • Chervon Names Parker Wesley Clary Director of Field Sales – Southern Division
    Times LibyaTimes Libya
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Times LibyaTimes Libya
    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 Tumblr Telegram Email

    Related Posts

    Microsoft voluntary exit offer covers 27% of its workforce

    October 27, 2026

    South Korea current account surplus hits $116.63 billion in Q2

    October 26, 2026

    Russia and Oman trade hits 10-year high at $1.5 billion

    October 23, 2026
    Latest News

    Fertiliser costs from Iran war put African harvests at risk

    October 27, 2026

    BRICS lawmakers hold talks with Modi at New Delhi forum

    October 27, 2026

    Microsoft voluntary exit offer covers 27% of its workforce

    October 27, 2026

    South Korea current account surplus hits $116.63 billion in Q2

    October 26, 2026

    Malaria kills 22 in Namibia’s Zambezi Region as cases rise

    October 26, 2026

    DR Congo Ebola cases reach 9,765 as new clusters emerge

    October 24, 2026

    Modi and Tusk launch defence and counter-terrorism dialogues

    October 24, 2026

    Russia and Oman trade hits 10-year high at $1.5 billion

    October 23, 2026
    © 2026 Times Libya | All Rights Reserved
    • Home
    • Contact Us

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