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Kuwait Oil Company expands into marine hydrocarbon exploration

The venture involves drilling six exploratory wells in the vast, 6,000 square kilometer marine area.

Kuwait Oil Company expands into marine hydrocarbon exploration
[Source photo: Chetan Jha/Fast Company Middle East]

Kuwait is charting a new course to secure its energy future by announcing an ambitious offshore energy project. The Kuwait Oil Company (KOC) has initiated a major offshore exploration effort to unlock the country’s untapped hydrocarbon reserves. The venture, led by CEO Ahmed Al-Eidan, involves drilling six exploratory wells across a vast 6,000-square-kilometer marine area.

Al-Eidan described Kuwait’s marine region as promising, supported by extensive studies and geological data. Speaking to the Kuwait News Agency (KUNA), he explained that the exploratory marine project utilizes two-dimensional seismic surveys to analyze earth layers, identify optimal drilling sites, and prepare for logistical operations.

He emphasized that this offshore exploration project is a critical national initiative to enhance the sustainability of Kuwait’s hydrocarbon reserves and meet global energy demands. Al-Eidan highlighted the project’s potential to elevate Kuwait’s status as a reliable global oil and gas producer and to position the country as a key player among regional offshore operators.

In addition to its strategic importance, the project is expected to promote the development of new technical skills in offshore drilling and production, creating diverse employment opportunities for Kuwaiti talent. While industry experts recognize this as a crucial step for Kuwait’s long-term energy security, some concerns have been raised about the pace of operations and the need for advanced technology.

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