Kuwait Doubles Down On Oil Infrastructure And Investment
In January 2024, Khaled al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), revealed an ambitious investment plan of $ 30 billion aimed at increasing the Émirate’s oil production capacity by 40%. The objective is to increase the production of 2.8 million barrels per day (BPD) to 4 million BPD by 2040. To transform the ambition into … Read more