Insight
Kuwait unlocked: upstream investment opportunities
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Kuwait, a global oil powerhouse, stands as one of the few countries without direct foreign involvement in its upstream sector. However, this could soon change. The appointment of a new Emir, Sheikh Mishal, in December 2023 marks the beginning of a period of significant reforms, potentially paving the way for large-scale upstream opportunities to be opened to international participation.
Table of contents
- 1. Greater Burgan
- 2. Northern Fields
- 3. Western Fields
- 4/5. Onshore and Offshore Partitioned Zones
- 6. Kuwait Offshore
- Offshore subsurface: the new exploration frontier
- In the short term (1 to 2 years)
- In the long term (2+ years)
-
Post war recovery: political gridlock and delayed investment (1992 onwards)
- Kuwait’s political system
-
Kuwait's historical opposition to IOC involvement
- Enhanced Technical Service Agreements (ETSAs)
- ETSA awards:
- What has changed?
Tables and charts
This report includes the following images and tables:
-
Kuwait's creaming curveKuwait's six-well offshore exploration campaignKuwait's current six well offshore campaign - discoveries and planned wells
-
Contractor IRR Vs government take (%), light oil Vs heavy oil onshore Kuwait developmentKuwait's oil production historyKuwait's political systemKuwait upstream organisations
What's included
This report contains:
Other reports you may be interested in
Asset Report
Symra
The Symra field was discovered in 2018, northeast of Ivar Aasen, in the Northern North Sea. Production started in April 2026.
$3,720
Country Report
Lithuania upstream summary
Minor oil producer with output at post-independence low - Oil production is currently less than 1,000 b/d, having fallen steadily from ...
$4,080
Asset Report
Alve Area
Alve is a gas, condensate and oil field located on the Halten Terrace, 16 kilometres southwest of the Norne field in the Norwegian Sea.
$3,720
