KOC develops three new fields to boost oil and gas production

Kuwait Oil Company (KOC) is close to production of three new fields, Umm Rass, Kara’a Al Marw, and Kabd fields, Zawya reported, citing local newspaper Al Rai daily.

KOC has reportedly obtained approval to float the tender to build and operate two Jurassic production units, which will boost Kuwait’s free gas production capacity of 850 million cubic feet per day, and light crude production of 250,000 barrels per day–unprecendented for the country.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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