Adnoc Drilling is set to enter Kuwait and Oman early next year, CFO Youssef Salem told a 4 November media roundtable at Adipec. The company announced in its third quarter results last week that it had been pre-qualified by Kuwait Oil Company (KOC) in its approved contractors list (MEES, 9 August).
Mr Salem says his firm’s planned work in both countries relates to currently-producing fields. This excludes Kuwait’s recent 2.1bn light oil and 5.1tcf associated gas offshore Nokhetha discovery (MEES, 19 July) and future assets Oman’s energy ministry is planning to offer in the coming months (MEES, 8 November). (CONTINUED - 156 WORDS)