We are privileged to be chosen by Kuwait Energy Basra Limited as their local Legal Services provider through a detailed tendering process.
From the Kuwait Energy website:
Kuwait Energy is an oil and gas company actively engaged in the exploration, appraisal, development and production of hydrocarbons. Since establishment in 2005, it has built a high-quality, diversified portfolio of oil and gas assets in the MENA (Middle East and North Africa) region across Iraq, Egypt, etc. Our MENA portfolio consists of 6 exploration, development and production blocks, of which we operate six.
As of year 2021, Kuwait Energy’s 2P reserves were 765.8 mmboe and gross cum production were 1,193 mmboe with gross daily production of 85.6 mboepd.
Kuwait Energy is a subsidiary of United Energy Group (UEG). UEG is a leading independent Exploration and Production (“E&P”) company which is listed on the main board of the Hong Kong Stock Exchange. (Stock Code: 0467).
UEG’s headquarter is located in Hong Kong with subsidiaries in China, Pakistan, UAE, Iraq and Egypt. Within less than a decade, UEG has established itself as a reputed international energy company with business interests in multiple countries across Oil & Gas and renewable energy sectors
Kuwait Energy operates 6 Exploration, Development & Production Blocks in the Middle East and North Africa, with 2 in Iraq and 4 in Egypt.
The majority of Kuwait Energy’s 2P reserves are in Iraq; particularly in Block 9.
For latest news on this company’s activities in Iraq please click here.