The Kuwaiti Oil Minister, Dr. Muhammad Al-Faris, announced the signing of a document with his Saudi counterpart, Prince Abdulaziz bin Salman, who is currently visiting Kuwait, to develop the Al-Durra offshore field, in the Arabian Gulf, to be exploited for production. one billion standard cubic feet of natural gas per day and 84,000 barrels of condensate per day.
A press release issued by the Kuwaiti Oil Minister’s office said Monday that the two sides had agreed that Al-Khafji Joint Operations Company, a joint venture between Aramco Gulf Operations Company and Kuwait Gulf Oil Company, would select a consultant to carry out engineering out. studies necessary to develop the field according to the best modern methods, technologies and practices, taking into account safety, health and environmental preservation, as well as developing the most efficient and effective engineering designs in terms of capital and operation .
The development of the Dorra field is expected, according to the press release, to lead to the production of 1 billion standard cubic feet of natural gas per day, in addition to the production of 84,000 barrels of condensate per day.
The statement indicated that the production will be divided equally between the two partners, based on the option of “offshore separation”, so that the participation of each of the two partners is separated at sea, and from there Aramco Gulf Operations’ share of natural gas, gas liquids and condensate will be shipped to the company’s Khafji facility, while Kuwait Gulf Oil Company’s share of natural gas, gas liquids and condensate will be shipped to its facilities in Al-Zour.