Oil & Gas
Kuwait Energy sells 15% of its share in Siba gas field to EGPC
The Basra Oil Company signed an amendment for Siba gas field contract that will enable Egyptian General Petroleum Corporation (EGPC) to enter as a partner in Kuwait Energy’s share by 15%.
Kuwait Energy has a share of 45% in the project, as well as 30% for the Turkish Petroleum Corporation (TPAO) and 25% for Missan Oil Company.
(Source: Iraq TradeLink)