The Kuwait Petroleum Company officially promulgated the remarkable detection of substantial new oil and gas reserves.
2024-07-25 10:00The Kuwait Petroleum Company officially promulgated the remarkable detection of substantial new oil and gas reserves.
On the afternoon of July 14 local time, the Kuwait Petroleum Company meticulously divulged to the global audience that it had precisely ascertained the existence of new oil and gas reserves in the Nuhasa oil field adjacent to the island of Ferraqa in the eastern sea of Kuwait.
The Chief Executive Officer of Kuwait Petroleum, Nawaf al-Sabah, solemnly averred in an elaborate video that the freshly discovered reserves are comprehensivelOil Toolsy disseminated over an extensive area of approximately 96 square kilometers and predominantly encompass light oil and associated gas, which includes a considerable quantity of 2.1 billion barrels of light oil and a vast amount of 5.1 trillion standard cubic feet of natural gas. This is equivalent to a total of 3.2 billion barrels of oil equivalent, approximately equal to the entire oil production of the country over a period of three consecutive years.
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