||“Kuwait Energy aims to produce 50,000 boe per day on proved and probable reserves of 300 million boe by 2010.”
Kuwait Energy launched in 2005, is an independent oil & gas E&P company. Kuwait Energy Company presently has evaluation, exploration, development or production operations in six countries: Kuwait, Egypt, Oman, Yemen, Russia and Cambodia.
Kuwait Energy Company prides itself as an Oil & Gas company with extensive knowledge of the Middle East region with outstanding relations with host governments, national oil companies and international companies that operate in the Middle East.
Kuwait Energy Company’s mission is to leverage its technical excellence, experience and business relationships to acquire, develop and manage oil and gas properties to generate superior returns for its shareholders.
Kuwait Energy has a strong and well experienced team of Kuwaiti and International oil industry personnel. The core management team has more than 150 years of combined
experience in the Oil & Gas E&P industry.
A few of the skills possessed by the team include:
- G & G - regional rather than property specific skills
- Engineering - production, reservoir, development operation skills
- Asset/Financial evaluation exposure
- Joint Ventures/Contracts negotiations experience