Abdulnaser Y. AL FULAIJ

CEO

KUWAIT GULF OIL COMPANY

The Gulf is a very calm environment for drilling. It is not like the North Sea and the challenges are not as daunting as people perceive.
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Kuwait Gulf Oil Company In Figures

Area under purview: 13,000 square kilometres

Estimated reserves in the Durra field: 500 mcm

Kuwait Gulf Oil Company (KGOC) was created in February 2002 as a subsidiary of Kuwait Petroleum Corporation to manage Kuwait’s share of the natural resources in the Partitioned Zone that lies between Kuwait and Saudi Arabia, which includes the Durra, Wafra and Khafji fields, among many others.

In accordance with agreements over the management of the divided zone, the company engages in:

  • Exploration
  • Drilling
  • Development of oil fields
  • Transportation and treatment of oil and gas
  • Management of oil refineries
  • Marketing and sale of oil and gas

This is done through Wafra Joint Operations, a 50-50 JV with Saudi Arabian Chevron Company that operates onshore, and Khafji Joint Operations, a 50-50 JV with Aramco Gulf Operations Company that operates offshore.

Onshore operations cover an area of approximately 5,000 square kilometres. The first discovery in this area was made in 1954 and, to date, a total of six major fields have been discovered: Arq, Humma, Wafra, North Wafra, South Fuwaris and South Umm-Gudair.

Offshore operations cover an area of approximately 7,000 square kilometres. To date, four major fields have been discovered: Durra, Hout, Khafji and Lulu.

KGOC plays a key role in Kuwait’s overall energy strategy, and balances the responsibility of extracting value from mature fields with the high expectations placed on newer developments such as Durra, which some estimates say may hold upwards of 500 million cubic metres of natural gas, oil and oil condensates.

Kuwait Gulf Oil Company News and Interviews

Interview
Kuwait - June 01, 2023

Abdullah Al Ali, CEO of Cyberkov, talks to The Energy Year about the company’s role in cybersecurity efforts within the oil…

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KOC: how Kuwait will reach 4 million bopd TEY_post_Ahmad_Jaber_Al_Eidan
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Kuwait - May 29, 2018

Ahmad Al Eidan, deputy CEO for West Kuwait at Kuwait Oil Company (KOC), talks to TOGY about the latest developments in West Kuwait and how the company is maintaining…

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Interview
Kuwait - May 22, 2018

Sheikh Nawaf Al Sabah, CEO of Kuwait Foreign Petroleum Exploration Company (KUFPEC), talks to TOGY about reasons the firm changed its output goals, new global…

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Interview
Kuwait - April 26, 2017

TOGY talks to Abdulnaser Y. Al Fulaij, CEO of Kuwait Gulf Oil Company (KGOC), about how the company has dealt with the drop in oil prices, the progress it has made in…

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CGG wins contract for Kuwait-Saudi zone
NEWS
Kuwait - March 30, 2017

CGG GeoConsulting has been awarded a multi-year deal for a geophysical study of the Partitioned Neutral Zone (PNZ), the company announced on Thursday.

Kuwait Gulf…

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Ziad Jeha Schlumberger
Interview
Kuwait - March 09, 2017

TOGY talks to Ziad Jeha, Schlumberger’s vice-president and general manager in Kuwait, about seismic operations in the Partitioned Neutral Zone (PNZ), the services and…

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PNZ operations to resume
NEWS
Kuwait - January 21, 2016

Kuwait’s emir, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, announced Thursday that development and exports would resume at fields in the Partitioned Neutral Zone…

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