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Kuwait to integrate four oil companies into two by 2025
KUWAIT CITY, July 22: In a significant development for Kuwait’s oil industry, plans are underway to merge four oil companies into two entities by 2025. An official document obtained by Al-Seyassah reveals that the Kuwait Gulf Oil Company will be merged with the Kuwait Oil Company, marking the second stage in the consolidation process.
Kuwait steps up emergency readiness amid regional tensions
Apr 14, 2024 · Kuwait steps up emergency readiness amid regional tensions. KUWAIT CITY, April 14: As tensions continue to escalate in the region, government entities in Kuwait are intensifying efforts to review and update emergency plans. These measures are being undertaken within the framework of precautionary measures aimed at ensuring food security, oil ...