logo
Riyadh hails oil discovery as step for energy coop. with Kuwait

Riyadh hails oil discovery as step for energy coop. with Kuwait

Zawya28-05-2025
RIYADH --- The Saudi Cabinet on Tuesday lauded the new oil discovery in in the partitioned zone between Saudi Arabia and State of Kuwait as a positive step towards a further cooperation in the energy sector.
This came during the Saudi Cabinet's meeting, chaired by Crown Prince and Prime Minister Prince Mohammad bin Salman, according to the kingdom's official news agency.
The cabinet said that recent oil discovery would lead to promoting Saudi-Kuwait cooperation in energy and continuing joint discovery and development efforts.
The Governments of Kuwait and Saudi Arabia on Monday declared a new oil discovery in the partitioned zone, said the Kuwaiti Ministry of Oil.
They announced that Wafra Joint Operations had made a new oil discovery in (North Wafra Wara-Burgan) field, located five kilometers north of Wafra field.
Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees.
API gravity is a scale that defines the gravity or density of liquid petroleum products.
All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dangote's Game Changing Impact on African Energy
Dangote's Game Changing Impact on African Energy

Zawya

time5 hours ago

  • Zawya

Dangote's Game Changing Impact on African Energy

The historic commencement of operations at the 650,000 barrels-per-day Dangote Refinery has redefined Africa's refining ambitions, establishing a new epicenter for oil product supply across West Africa and beyond. As the continent's largest single-train refinery – and one of the most technologically advanced globally – Dangote represents a turning point for African energy self-sufficiency, reducing import dependence and reshaping traditional trade flows within the Atlantic Basin. Already, the refinery has begun exporting refined products, with early shipments pointing to a diversification of destinations – from regional African markets to Europe and Asia. These developments are ushering in a new era for crude and product flows, as well as domestic monetization strategies. The facility's ability to process a slate of Nigerian and other light sweet crudes is having far-reaching implications not only for Nigeria's upstream sector but for oil producers across the Gulf of Guinea, potentially prompting shifts in production plans, infrastructure investment and regional trade dynamics. As Africa's premier energy event returns to Cape Town, African Energy Week (AEW) 2025: Invest in African Energies will place a critical spotlight on West Africa's evolving refining landscape with a dedicated workshop on the 'The Dangote Refinery and its Impact on the African Refining Balance.' Hosted by the African Energy Chamber (AEC) and S&P Global Commodity Insights, the session will take place on Monday, September 29 from 11:30 to 12:30, drawing key industry stakeholders and policy leaders into a dynamic discussion on one of the most transformational projects in the continent's oil and gas sector. Beyond reshaping crude and product markets, the refinery is also impacting fuel quality and environmental standards in the region. Dangote's state-of-the-art configuration allows it to produce Euro V standard fuels, a major step forward for countries long reliant on lower-quality imports. This creates new opportunities for West African governments to strengthen fuel specifications, improve urban air quality and reduce exposure to volatile global supply chains. The workshop will also explore the broader impact of Dangote on Africa's existing refining infrastructure. With aging, underutilized refineries scattered across the continent, the rise of a mega refinery capable of meeting domestic and regional demand poses significant questions for legacy plants. Will they modernize, reposition themselves to serve niche needs or shut down entirely in the face of more efficient competition? The discussion will address the strategic responses by national oil companies and private operators as they navigate this new refining era. 'AEW 2025 continues to serve as the continent's definitive platform for energy dialogue, investment and innovation, with the Dangote workshop exemplifying the type of forward-looking conversations shaping the future of African energy. As West Africa's refining ambitions begin to bear fruit – and as the continent seeks to capture more value across its energy value chain – the implications for energy security, trade and industrial development are profound,' says NJ Ayuk, Executive Chairman, African Energy Chamber. To register for the workshop click here ( Distributed by APO Group on behalf of African Energy Chamber. About African Energy Week: AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event.

Uber launches new features for specific customers in MENA region
Uber launches new features for specific customers in MENA region

Zawya

time5 hours ago

  • Zawya

Uber launches new features for specific customers in MENA region

Uber has introduced a new feature in the MENA region that is designed to make the Uber app easier and more accessible for older adults, according to a press release. The new product, under the name Senior Accounts of the app's Family Profile, aims to help the older adults move around with greater ease. In addition, Uber launched the Simple Mode feature which can be switched on via the app's accessibility settings for older adults not added to a Family Profile, offering full account control. Both products are currently rolling out across the MENA region in the UAE, Saudi Arabia, Egypt, Qatar, Bahrain, Jordan and Lebanon. Senior Accounts present a streamlined version of the Uber app, featuring larger text, simplified screens, and the option for a trusted family member to offer remote support. Riders in the MENA region can save favorite places, use flexible payment options, and let loved ones track trips in real time while family members can book or manage rides remotely, making travel more accessible for older adults. It is worth noting that the MENA region launch of Senior Accounts follows rollouts in the US, Brazil, Chile, and Mexico. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (

Lantania, MGC consortium lands $544mln Jubail desal plant contract
Lantania, MGC consortium lands $544mln Jubail desal plant contract

Zawya

time5 hours ago

  • Zawya

Lantania, MGC consortium lands $544mln Jubail desal plant contract

Spanish utility infrastructure group Lantania has announced that its consortium with Mutlaq Al Ghowairi Contracting Company (MGC), has secured a $544 million contract from Saudi Water Authority (SWA) to build the Jubail seawater reverse osmosis (SWRO) desalination plant in Saudi Arabia. As per the deal, Lantania and MGC will carry out the design, supply, construction, assembly and commissioning of the plant, as well as the seawater intake, outfall and all associated infrastructures. This is Lantania's third desalination plant order in Saudi Arabia. Already it has one of the reverse osmosis desalination plant projects under way at Ras Mohaisen with a 300,000 cu m/day. The Spanish group had in 2023 completed its first Saudi project at Jubail 3A, a seawater reverse osmosis desalination plant with a 600,000 cu m/day capacity of drinking water. The facility now caters to the needs of 1,600,000 inhabitants in the eastern provinces of Riyadh and Oassim.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store