Kuwait’s economy is buoyant, but heavy reliance on hydrocarbons and a chronic budget gap are prompting long-term concerns.

State-owned Kuwait Oil Company (KOC) is poised to issue a seismic tender in the coming days to help with selecting drilling sites for offshore wells to be drilled by US oilfield services giant ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

ADNOC Drilling has signed a $112 million agreement to acquire a 70% stake in SLB’s onshore drilling rig operations in Kuwait and Oman, marking a major step in the company’s international expansion ...

In a joint statement, which was posted on Saudi Arabia’s energy ministry website and Kuwait’s official oil ministry X account, the governments of Saudi Arabia and Kuwait announced a new oil discovery ...

Kuwait Petroleum Corp.’s oil trading unit appointed company veteran Abdullatif Almukhaizeem as chief executive officer, taking the division closer to starting operations just as a clutch of Gulf state ...

Kuwait's government announced on Tuesday that the country's state oil company plans to invite foreign energy companies to help it develop its recent crude and gas discoveries. What happened: In his ...