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Kuwait Energy Q1 revenue up 8.6pcKuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, said its revenue for the first quarter grew 8.6 per cent, year-on-year, to $64 million when compared to More… |
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Kuwait Energy posts $45m net profitKuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, has registered a net profit of $44.9 million in 2012, up 29 per cent from $34.8 million the year before. Announcing the results at the More… |
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Kuwait firm in big Egypt production boostKuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, has announced a major production increase at the East Ras Qattara concession in Egypt, in which the company has a 49.5 per More… |
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Kuwait Energy says firm on Iraq gas projectKuwait Energy says it is firmly fixed on pumping gas and finding oil in southern Iraq and will not risk aggravating Baghdad by seeking contentious deals with the northern autonomous region of Kurdistan. Sara Akbar, chief executive More… |
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Iraq approves Kuwait Energy contractIraq has approved an oil exploration deal with a Kuwait Energy-led group, a senior oil official said, to take the place of Turkey's state-owned TPAO, which the cabinet decided to expel. Facing souring diplomatic ties with Turk More… |
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QFIB to invest $150m in Kuwait EnergyQatar First Investment Bank (QFIB) said it will invest $150 million in Kuwait Energy Company to support the firm's expansion. The deal is structured in the form of a convertible murabaha which will be used to boost Kuwait Ener More… |
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Dubai, Kuwait firms vie for Afghan oil dealsSeven energy firms, including Dubai-based Dragon Oil and Kuwait Energy, are likely to compete with Exxon Mobil Corp for the right to explore oil and gas blocks in northern Afghanistan, the country's Mining Ministry said in a statement. More… |
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Abraaj inks investment deal with Kuwait EnergyDubai-based Abraaj Capital said it has signed a strategic investment agreement with Kuwait Energy, one of the fastest growing independent upstream oil and gas exploration and production companies in the Middle East. A leading private equit More… |
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Kuwait Energy 'committed to Iraq, Egypt'Kuwait Energy Company is committed to the development of oil and gas reserves in Iraq and Egypt for the benefit of both countries. Kuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, operates in More… |
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QFIB eyes regional deals; Noor IPO seen 2012Qatar First Investment Bank (QFIB) is eyeing at least five regional equity deals each valued at between $15 million to $60 million and expects to close two to three of those acquisitions this year, its chief executive said. The investment More… |
