 |
The Raudhatain oil field is an oil field in Northern Kuwait. It contains 6 billion barrels of oil. It is being heavily developed.
The oil field was discovered in 1955 and production started in 1959. [1]
| |
The Raudhatain oil field is an oil field in Northern Kuwait. It contains 6 billion barrels of oil. It is being heavily developed.
The oil field was discovered in 1955 and production started in 1959. [1]
29°51′N47°49′E / 29.85°N 47.82°E
 | This Kuwaiti location article is a stub. You can help Wikipedia by expanding it. |
 | This article about an oil field is a stub. You can help Wikipedia by expanding it. |
The 1990 oil price shock occurred in response to the Iraqi invasion of Kuwait on August 2, 1990, Saddam Hussein's second invasion of a fellow OPEC member. Lasting only nine months, the price spike was less extreme and of shorter duration than the previous oil crises of 1973–1974 and 1979–1980, but the spike still contributed to the recession of the early 1990s in the United States. The average monthly price of oil rose from $17 per barrel in July to $36 per barrel in October. As the U.S.-led coalition experienced military success against Iraqi forces, concerns about long-term supply shortages eased and prices began to fall.
The Rumaila oil field is a super-giant oil field located in southern Iraq, approximately 50km to the south west of Basra City. Discovered in 1953 by the Basrah Petroleum Company (BPC), an associate company of the Iraq Petroleum Company (IPC), the field is estimated to contain 17 billion barrels, which accounts for 12% of Iraq's oil reserves, estimated at 143 billion barrels. Rumaila is said to be the largest oilfield ever discovered in Iraq and one of the three largest oilfields in the world.
Kuwait Oil Company (KOC), an oil company headquartered in Al Ahmadi, Kuwait, is a subsidiary of the Kuwait Petroleum Corporation, a government-owned holding company. Kuwait was the world's 10th largest petroleum and other liquids producer in 2010. The company produced a total of 1.7 million barrels per day.
Ras al-Khafji or Khafji (الخفجي) is a town on the border between Saudi Arabia and Kuwait. It lies in what was before 1970 the Saudi Arabian–Kuwaiti neutral zone.
Most of Kuwait's oil is located in the Great Burgan area, which is considered to be the world's second largest oil field. Great Burgan comprises the Burgan, Al-Maqwa, and Al-Ahmadi fields located south of Kuwait City, as well as the Wafra oil field. These three fields together pump 31' and 33' range crude into 14 tank farms.
Kuwait Petroleum Corporation is Kuwait's major national oil company, headquartered in Al Kuwait.
The petroleum industry in Kuwait is the largest industry in the country, accounting nearly half of the country's GDP. Kuwait has proven crude oil reserves of 104 billion barrels (15 km3), estimated to be 9% of the world's reserves. Kuwait's oil reserves are the sixth largest in the world and the Burgan Field is the second largest oil field. Kuwait is the world's eleventh largest oil producer and seventh largest exporter. Kuwait's oil production accounts for 7% of world-wide oil production.
Oil reserves in Kuwait make up 8% of the oil reserves in the world. Kuwait is OPEC's third largest oil producer and claims to hold approximately 104 billion barrels. This includes half of the 5 billion barrels in the Saudi-Kuwaiti neutral zone, which Kuwait shares with Saudi Arabia. Most of Kuwait's oil reserves are located in the 70 billion barrels Burgan field, the second largest conventional oil field in the world, which has been producing oil since 1938. Since most of Kuwait's major oil fields are over 60 years old, maintaining production rates is becoming a problem.
Oil reserves in the United Arab Emirates, according to its government, are about 107 billion barrels, almost as big as Kuwait's claimed reserves. Of the emirates, the Emirate of Abu Dhabi has most of the oil with 92 billion barrels while the Emirate of Dubai has 4 billion barrels and the Emirate of Sharjah has 1.5 billion barrels. Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 billion barrels. The UAE produces about 2.9 million barrels per day of total oil liquids.
Shuwaikh Port is an urban industrial area within the Al Asimah Governorate in Kuwait City, Kuwait.
The Prinos oil field is an oil field located in the northern Aegean Sea, between the island of Thasos and city of Kavala on the mainland. It was discovered in 1971 by the Oceanic Exploration company of Denver. The field was developed by Energean Oil & Gas. It began production in 1974. It was named after the village of Prinos on Thasos, the nearest inhabited place.
Energy in Kuwait describes energy and electricity production, consumption, import and export in Kuwait.
Energy in Iraq plays a crucial role in both the national economy and the global energy markets due to the country's vast oil reserves and significant status within the Organization of the Petroleum Exporting Countries (OPEC).
The South Magwa Oil Field is a Kuwaiti oil field located in the Great Burgan. It was discovered in 1984 and developed by Kuwait Oil Company. The oil field is operated and owned by Kuwait Oil Company. The total proven reserves of the South Magwa oil field are around 25 billion barrels (3,505×106 tonnes), and production is centered on 300,000 barrels per day (48,000 m3/d).
Indonesia–Kuwait relations were officially established on February 28, 1968. The relations focused on economy and trade sectors, especially on energy (oil) and human resources. Kuwait has an embassy in Jakarta, while Indonesia has an embassy in Kuwait City. Both countries are the member of Organisation of Islamic Cooperation and Non-Aligned Movement.
The Wafra Oil Field is an oil field located in the Great Burgan. It was discovered in 1984 and developed by Kuwait Oil Company. The oil field is operated and owned by Chevron Corporation. The total proven reserves of the Wafra oil field are around 25 billion barrels (3505×106 tonnes), and production is centered on 600,000 barrels per day (95,000 m3/d).
The Yemen Oil and Gas Corporation, a government-owned corporation under the direction of the Ministry of Oil and Minerals of Yemen, is an oil and natural gas exploration and production company headquartered in Sana'a. It was established in 1996.
Siba Subdistrict is a subdistrict located in Iraqi Basra Governorate, at the West bank of Shatt al-Arab Its seat is the town of Siba. Total population is 160 000 inhabitants, all Shias Arabs.They work in agriculture, fishing and small business.
Saddamiyat al-Mitla' was a district in Basra Governorate during the Iraqi occupation of Kuwait 1990–1991. The formation of the district was announced on August 28, 1990. The name sought to honour the Iraqi president Saddam Hussein. Whilst the rest of Kuwait was annexed as the 19th governorate of Iraq, the strategic northern part of Kuwait was annexed as the Saddamiyat al-Mitla' district as part of the Basrah Governorate.
