Kuwait Energy hosts Libyan Oil Delegation for a workshop on rebuilding the energy sector

07 - June - 2012

Kuwait, June 7, 2012 - Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced that it has hosted a delegation of officials from Libyan national oil companies for a full day workshop to provide them with insights and guidance in ways to rebuild the Libyan energy industry.

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In Iraq’s fourth energy bidding round A Consortium led by Kuwait Energy awarded exploration and development contract for “block 9”, Basra, Iraq

30 - May - 2012

Kuwait, May 30, 2012: Kuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, announced today that a consortium led by the company was awarded today the exploration and development contract of “block 9” in Basra, Iraq. The announcement was made by the Iraqi Ministry of Oil and tender committee during the country’s fourth energy bidding round, which awarded exploration and development contracts for 12 blocks with hydrocarbons prospects.

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Kuwait Energy reports record net profit of US$34.8 million for 2011, up 58.9% Shareholders approve 4.5 pence (Sterling) per share dividend

15 - May - 2012

Kuwait, May 15, 2012: Kuwait Energy plc, one of the fastest growing independent oil and gas companies in the Middle East, today announced its financial and operational results for the year 2011 during its annual meeting of shareholders. The Company recorded a record net profit of US$34.8 million in 2011, up 58.9% from 2010, a record year-end proven and probable reserves of 235.3 million barrels of oil equivalent (mmboe), up 382.5% from 2010, a record US$111.9 million in operating cash flow, up 30.7% from 2010, and a record high exit production by year-end of 17,733 barrel of oil equivalent per day (boepd), up 23% from 2010.

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Kuwait Energy reports record production and revenues in Q1 2012

19 - April - 2012

Kuwait, April 19, 2012 - Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today issued its quarterly report for Q1 2012, reporting unaudited record revenues of US$65.8 million, up 58.9% from Q1 2011 and 44.3% from Q4 2011.

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Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt

15 - April - 2012

Kuwait, April 15, 2012 – Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, operating Area A on behalf of the license holder Egyptian General Petroleum Corporation, today announced a new exploration success with their West Ahmad-1X oil well, located in Area A in the Gulf of Suez, Egypt, adjacent to the Shukheir North West Field.

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