Close Menu

    Subscribe to Updates

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

    What's Hot

    DR Congo allocated 70,000 doses for Ebola outbreak

    August 21, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    Thumbay International Pathway – MD Program, With Installments and a Direct Route to Residency in Romania

    August 21, 2026
    Mumbai ChronicleMumbai Chronicle
    • Automotive
    • Business
    • Editorial
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Mumbai ChronicleMumbai Chronicle
    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

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    South Korea auto exports reach $6.24 billion in July

    August 14, 2026

    Diesel prices rise as US and Europe fuel supplies tighten

    August 12, 2026

    Gold clears $4,400 while US inflation data takes focus

    August 11, 2026

    Europe heatwave puts EU economic growth under pressure

    August 11, 2026
    Latest News

    DR Congo allocated 70,000 doses for Ebola outbreak

    August 21, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    WHO maps three-month path for Congo Ebola containment

    August 19, 2026
    © 2026 Mumbai Chronicle | All Rights Reserved
    • Home
    • Contact Us

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