“The Mutraba field marks the next phase of KOC’s resource expansion programme, and its start-up demonstrates the significant efforts made to develop remote and technically challenging fields. Commercial production from Mutraba officially began in June 2025, following the tie-in of wells to production facilities. It is expected to reach production of 80,000–120,000 barrels of light oil.”
Sheikh Nawaf S. Al Sabah, CEO of Kuwait Petroleum Corporation
The Energy Year Kuwait 2025 captures a pivotal moment in the country’s energy journey marked by offshore discoveries, major upstream expansion projects and the start of a USD 50-billion investment plan to sustain production capacity above 3 million bopd.
Through exclusive interviews with the nation’s foremost energy leaders and decision makers, the report offers an in-depth analysis of Kuwait’s upstream transformation and its offshore frontiers. It explores how national and international players are deploying technology, expertise and partnerships to unlock new reserves, enhance recovery and future-proof the energy value chain to maintain its globally recognised status as a reliable and trusted oil supplier.
For the first time, the report introduces a chapter on energy financing to highlight the critical role being played by Kuwait’s banks and financial institutions in powering energy investments from upstream capacity and refinery expansions to renewable energy projects and carbon abatement.
A dedicated Year’s Focus chapter examines how oilfield services providers are expanding Kuwait’s upstream operations and positioning the country to become a more competitive and integrated supplier of energy to the world.
This tenth edition of The Energy Year’s Kuwait series offers readers a panoramic view of an energy ecosystem undergoing meaningful transformation through unprecedented investments in energy capabilities, resilience and sustainability – a roadmap to the strategies and opportunities defining Kuwait’s energy future.
