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Latest News
01/05/2013
Kuwait Energy announces increases in revenue and production during Q1 2013
 
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22/04/2013
Production Increase at East Ras Qattara Concession, Egypt
 
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22/04/2013
Kuwait Energy reports record results for 2012
 
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20/02/2013
Kuwait, February 20, 2013: Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced an update on its financial and corporate activities during its fourth quarter.
 
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27/01/2013
Kuwait Energy-led consortium signs contract with Iraq to start exploration and development of “block 9” in Basra, Iraq
 
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07/11/2012
KUWAIT ENERGY ANNOUNCES STRONG Q3 RISES IN REVENUE, OPERATING PROFITS AND PRODUCTION
 
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06/11/2012
Kuwait Energy, Ukraine’s “Ukrgasproduction” restore joint activity in two gas-condensate fields
 
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18/10/2012
Kuwait Energy’s CEO Sara Akbar participates in the 4th Congress of Women in Poland
 
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15/10/2012
Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt
 
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07/10/2012
QFIB provides USD150 million funding to support Kuwait Energy’s growth
 
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07/10/2012
Kuwait Energy partners with Kuwait Oasis Team in the country’s largest voluntary environmental initiative, the “Kuwait Green Wall”
 
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15/08/2012
Kuwait Energy starts commercial production in Abu Sennan, Egypt, following successful exploration activities
 
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01/08/2012
Kuwait Energy issues Q2 activity report 15% increase in revenue 31% increase in production
 
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16/07/2012
Kuwait Energy and consortium sign initial contract for exploration and development of “block 9”, Basra, Iraq
 
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07/06/2012
Kuwait Energy hosts Libyan Oil Delegation for a workshop on rebuilding the energy sector
 
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30/05/2012
In Iraq’s fourth energy bidding round A Consortium led by Kuwait Energy awarded exploration and development contract for “block 9”, Basra, Iraq
 
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15/05/2012
Kuwait Energy reports record net profit of US$34.8 million for 2011, up 58.9%
 
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18/04/2012
Kuwait Energy reports record production and revenues in Q1 2012
Production: 17,370boepd, up 33.8% year-on-year
Revenue: US$65.8 million, up 58.9% year-on-year
 
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15/04/2012
Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt West Ahmad-1X tests at 1,250 bopd
 
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12/04/2012
Kuwait Energy achieves ISO 9001:2008 certification
 
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10/04/2012
Abraaj Capital and Kuwait Energy Sign Strategic Investment Agreement
- Abraaj Capital’s investment to support Kuwait Energy’s development and growth plans to scale up ahead of future IPO
- Backing Kuwait Energy’s strong management team to create regional independent upstream oil & gas champion
 
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03/03/2012
Kuwait Energy makes new oil discovery in Abu Sennan concession in Western Desert, Egypt
El Salmiya-1 tests at a cumulative rate of 5,600 boepd
 
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23/02/2012
Kuwait Energy increases Shahd SE well production levels after appraisal well drilling reveals larger reservoirs Shahd SE-5 well production reaches 5,011 boepd
 
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12/02/2012
Kuwait Energy makes a new well discovery in the Western Desert in Egypt.
 
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31/01/2012
Kuwait Energy Reports Record Quarterly Revenues of US$50.4 Million for Q4 2011 Up 26.9% year-on-year
 
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23/01/2012
Kuwait Energy makes a new oil discovery in Gulf of Suez, Egypt. 14th oil discovery made by the company in Egypt since 2008
 
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02/11/2011
Kuwait Energy reports Q3 2011 activities Revenues of US$47.9 million, up 33.8% year-on-year
 
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16/10/2011
Kuwait Energy announces flow rates from Abu Sennan discoveries in Egypt
 
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26/09/2011
Kuwait Energy graduates its ‘Future Energy’ internship class of 2011
 
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24/08/2011
Kuwait Energy announces two hydrocarbon discoveries in the Western Desert, Egypt
 
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03/08/2011
Kuwait Energy restructures ownership to prepare for listing in London, and a possible future listing in Kuwait
 
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27/07/2011
Kuwait Energy reports second quarter 2011 activities Operating cash flow of USD29.7 million, up 40.8% from same period last year
 
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27/06/2011
Kuwait Energy reports net profit of US$22 million for 2010 and pays maiden, 5 fils per share, dividend
 
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07/06/2011
Kuwait Energy announces two new oil discoveries in East Ras Qattara in Egypt  details...
05/06/2011
Kuwait Energy signs 20-year gas development contracts with Iraq for the development of the Siba and Mansuriya fields
 
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11/05/2011
Kuwait Energy reports first quarter 2011 activities. First Quarter Operating Cash Flow of USD22.2 million, up 15% from same period last year
 
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28/04/2011
Kuwait Energy and Gulf Studies Center hold seminar on Kuwait-Iraq economic relations
 
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27/04/2011
Kuwait Energy sponsors forum on Kuwait-Iraq economic relations by the American University of Kuwait
 
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24/04/2011
Kuwait Energy completes Abu Sennan partial divestment, remains majority holder with 50% ownership stake, and operatorship
 
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08/02/2011
Kuwait Energy reports fourth quarter 2010 activities Fourth Quarter EBITDA of USD36.4 million, up 90.6% from same period last year
 
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17/01/2011
Kuwait Energy completes acquisition of two oil fields in Russia
 
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