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Kuwait Energy uncovers fourth Egypt field
- Kuwait: Monday, August 17 - 2009 at 10:15
Kuwait Energy Company (KEC), has announced the discovery of a new oil field, Al Zahraa, in East Ras Qattara in the Western Desert, Egypt, with a daily production rate of 2,615 barrels of oil. This is KEC's fourth discovery in Egypt since the start of its exploration program in the country in 2006. KEC's share and working interest of the field is 49.5%. The East Ras Qattara Concession, which is operated by Sipetrol, was acquired in March 2008.
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StaffMonday, August 17 - 2009 at 10:15 UAE local time (GMT+4)
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