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Latest News
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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12/12/2010
Kuwait Energy sells 20% of Burg El Arab concession in Egypt to East West Petroleum
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09/11/2010
Kuwait Energy signs agreement with East West Petroleum to apply unconventional oil and gas technologies  details...
27/10/2010
Kuwait Energy announces Third Quarter Financials and Activities  details...
20/10/2010
Kuwait Energy awarded development contracts for Siba and Mansuriya gas fields in Iraq  details...
19/10/2010
Kuwait Energy mentors 23 students through its 2010 ‘Future Energy’ internship program
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