Latest news with #WafraJointOperations
Kuwait Times
21-07-2025
- Business
- Kuwait Times
Kuwait and Saudi review key issues on petroleum operations in Divided Zone
Kuwaiti-Saudi Joint Committee holds 118th meeting at Khafji Operations HQ KUWAIT: The Kuwaiti-Saudi Permanent Joint Committee held its 118th meeting on Sunday at the headquarters of the Khafji Joint Operations. The meeting was chaired on the Kuwaiti side by Undersecretary of the Ministry of Oil Sheikh Dr Nimr Fahad Al-Malik Al-Sabah, while the Saudi delegation was led by Assistant Minister of Energy Mohammed Al-Ibrahim. According to a statement issued by the Kuwaiti Ministry of Oil, the meeting reviewed several key issues related to petroleum operations in the onshore Divided Zone and the adjacent submerged area. Discussions focused on strategic plans, major ongoing and upcoming projects, challenges facing implementation, and the application of advanced technologies in exploration and production activities. The statement highlighted the committee's pride in the recent petroleum discovery by Wafra Joint Operations in the North Wafra Wara-Burgan field, announced in May. The committee emphasized that this discovery — with oil flowing at a rate exceeding 500 barrels per day from the Wara Burgan-1 well — underscores the strength of bilateral cooperation in managing and developing shared natural resources. It also reflects the technical capabilities and dedication of national cadres from both countries, further solidifying Kuwait and Saudi Arabia's global reputation as reliable energy suppliers. The committee reaffirmed its commitment to supporting ongoing exploration and development work to achieve shared interests and ensure the sustainability of natural resources for future generations. The meeting also reviewed a progress report by the Permanent Joint Committee Office, which included emergency preparedness plans, ongoing procedures and efforts to enhance operational efficiency. The performance of the operational committee was also evaluated, with both sides commended for formulating a unified strategic action plan aligned with the long-term energy goals of both countries. In its statement, the Ministry of Oil praised the dedication of human resources from both the Kuwaiti and Saudi sides and acknowledged the vital role played by leaders of Khafji and Wafra Joint Operations in executing operational strategies. Sheikh Nimr Al-Sabah stressed the importance of continuing the committee's meetings to monitor joint operations, evaluate development projects, train national personnel, and integrate cutting-edge technology into all stages of petroleum operations. He expressed appreciation to the Saudi Assistant Minister of Energy for his cooperation and the spirit of brotherhood shown during the meeting, expressing hope that the two sides would continue their coordination to advance joint petroleum projects in Khafji and Wafra. The Permanent Joint Committee was established under the Neutral Zone Division Agreement signed in 1965. It reports directly to the ministers of oil and energy in both countries. Among its responsibilities are facilitating operational procedures for petroleum company personnel in the Divided Zone, overseeing the proper exploitation of shared natural resources, evaluating related studies, and reviewing new licenses, contracts, and concessions. The committee, headed on the Kuwaiti side by Sheikh Dr Nimr Al-Sabah and including officials from the Ministry of Oil and Ministry of Interior, holds biannual meetings. The agreement to divide the adjacent submerged zone was signed in 2000, followed by a Memorandum of Understanding in December 2019 regarding the resumption of production in the Divided Zone. These documents are considered annexes to the 1965 agreement. — KUNA
Leaders
28-05-2025
- Business
- Leaders
Saudi Arabia, Kuwait Unveil Major Oil Discovery in Neutral Zone
Saudi Arabia and Kuwait celebrated a pivotal milestone with the first major oil find in their shared Neutral Zone since 2020, signaling renewed exploration momentum. The discovery, announced by Wafra Joint Operations (WJO), targets the North Wafra Wara-Burgan field, just five kilometers north of the existing Wafra reservoir. Initial tests reveal the Wara reservoir produces over 500 barrels daily, with crude API gravity between 26–27 degrees, indicating medium-density oil. This output underscores operational efficiency amid rising global energy demands, bolstering regional supply stability. Moreover, this marks the first success since cross-border operations resumed in mid-2020 after prolonged disruptions. The achievement highlights technical resilience and strategic collaboration, reinforcing both nations' roles as trusted energy partners. Economic and Geopolitical Impact The Neutral Zone's Wafra field spans 30 miles inland, feeding pipelines to Kuwaiti and Saudi export terminals. Its revival aligns with Saudi Arabia's Vision 2030 goals, balancing fossil fuel investments with renewable transitions. Meanwhile, Kuwait strengthens its foothold in OPEC+ coordination, navigating production cuts amid shifting market dynamics. Experts view this discovery as a catalyst for deeper investments in underexplored zones, leveraging advanced seismic technologies. For Saudi Arabia, it complements bold energy initiatives like NEOM, amplifying its global energy leadership. As the world pivots toward sustainability, this partnership reaffirms hydrocarbons' enduring role while charting pathways for diversified energy futures. Both nations now eye further breakthroughs, bridging tradition with innovation in an evolving sector. Short link : Post Views: 5
Zawya
28-05-2025
- Business
- Zawya
Kuwait, Saudi strike new oil in joint zone
KUWAIT CITY: The Governments of Kuwait and Saudi Arabia have declared new oil discovery in the partitioned zone, according to a joint press release, said the Kuwaiti Ministry of Oil on Monday. The ministry added in a statement that governments of the Kingdom of Saudi Arabia and the State of Kuwait announced that Wafra Joint Operations have made a new oil discovery in (North Wafra Wara-Burgan) field, located five kilometers north of Wafra field. Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees. This marks the first discovery since the resumption of production operations in the partitioned zone and its adjacent offshore area in mid-2020. The discovery is regarded as highly significant, given its positive impact on both countries standing as reliable global energy suppliers and their capabilities in the exploration and production sector. API gravity is a scale expressing the gravity or density of liquid petroleum products. (KUNA) Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (
Arab Times
26-05-2025
- Business
- Arab Times
Kuwait, Saudi strike new oil in joint zone
KUWAIT CITY, May 26 : The Governments of Kuwait and Saudi Arabia have declared new oil discovery in the partitioned zone, according to a joint press release, said the Kuwaiti Ministry of Oil on Monday. The ministry added in a statement that governments of the Kingdom of Saudi Arabia and the State of Kuwait announced that Wafra Joint Operations have made a new oil discovery in (North Wafra Wara-Burgan) field, located five kilometers north of Wafra field. Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees. This marks the first discovery since the resumption of production operations in the partitioned zone and its adjacent offshore area in mid-2020. The discovery is regarded as highly significant, given its positive impact on both countries standing as reliable global energy suppliers and their capabilities in the exploration and production sector. API gravity is a scale expressing the gravity or density of liquid petroleum products. (KUNA)
Asharq Al-Awsat
26-05-2025
- Business
- Asharq Al-Awsat
Saudi Arabia, Kuwait Announce New Oil Discovery in Partitioned Zone
Saudi Arabia and Kuwait announced on Monday that Wafra Joint Operations have made a new oil discovery in (North Wafra Wara-Burgan) field, located 5 kilometers north of Wafra field. Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees. This marks the first discovery since the resumption of production operations in the Partitioned Zone and its adjacent offshore area in mid-2020. The discovery is regarded as highly significant, given its positive impact on both countries' standing as reliable global energy suppliers and their capabilities in the exploration and production sector.
