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Oil & Gas

Kuwait Energy sells 15% of its share in Siba gas field to EGPC

Iraq SIba
Posted: May 23, 2017 at 1:48 pm   /   by   /   comments (0)

Iraq SIbaThe 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)

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