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KUWAIT (Reuters) – The chief executive of state oil company Kuwait Petroleum Corp, Nizar al-Adsani, said at an energy industry conference on Wednesday that he believed oil prices would remain below $100 a barrel for the next few years.

“Unless we seek the experience of the industry here, we will not be able to reach our target,” Ali al-Shammari, at the time the deputy managing director for finance for the Kuwait Oil Company, told the Calgary Herald. “We will need.

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KUWAIT CITY: Kuwait’s National Petroleum Company (KNPC) plans to sign the main contracts awarded to companies to build the Al-Zour oil refinery. Al-Mutairi said the company would look to finance 70 percent of the project.

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KUWAIT CITY, Oct 2: In a developing event proving inconsistency of the Finance Ministry, for the third time in less.

Saudi Arabia and Kuwait lead. retail and oil & gas registered a dip in the overall job market. The data also shows increased demand for professionals in IT, medical, engineering and technical domain but a slump in new jobs for.

London-listed oil services provider Petrofac said on Tuesday that it had won a contract with Kuwait Oil Company for a $1.3-billion gathering. gas activities during FY 2017/18 in a bid to create jobs, offset falling crude export revenue, and.

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Kuwait. also finance minister, said the government had not yet implemented any decision regarding oil workers’ pay. The prime minister said KPC did not plan to cut its workers’ wages or their end of service indemnities. But he added.

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The official Kuwait News Agency, KUNA, reported that a royal decree had named Anas Al-Saleh, the deputy prime minister and finance minister. the chief executives for two of the company’s subsidiaries, Kuwait Oil Co. and.

When complete in 2018 the new multi-billion dollar oil. Kuwait National Petroleum Company, will increase country’s refining capacity by 615,000 barrels per day (bpd). The project management consultancy contract is expected to create.

(MENAFN – Arab Times) ‘Gasoline price hike, VAT decisions disturbing’ KUWAIT CITY, Sept 5: MP Sadoun Hammad Al-Otaibi expects political questioning and interpellation motions against Minister of Finance Anas. about Kuwait Oil.

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The official Kuwait News Agency, KUNA, reported that a royal decree had named Anas Al-Saleh, the deputy prime minister and finance minister. the chief executives for two of the company’s subsidiaries, Kuwait Oil Co. and.

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KUWAIT CITY (AP) — Kuwait’s national oil company says it has contained an oil leak at one of its southwestern oil fields. Monday’s statement by the Kuwait Oil Co. did not identify the onshore oil field affected by the leak, which.

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KUWAIT CITY (AP) — Kuwait’s finance minister says the oil-exporting country has posted a budget deficit. diversifying the economy, creating more jobs for Kuwaitis and attracting greater foreign investment.

"When they found it, it was burning so loud it was like a jet engine in your ear," said Khalid Muhammad Ghlom, a Kuwait Oil Company official as he stepped. reserves–the world’s second largest–to help finance the rebuilding of the country.

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Scroll down to review a list of the most recent four GE jobs posted, arranged by business. To view a complete list of each GE business’ jobs, click "View All.

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Essam al-Marzouk, also a former board member of national oil company Kuwait Petroleum Corporation, is replacing acting oil minister Anas al-Saleh, who goes back to being finance minister. Marzouk is one of seven changes to the.