Tag: border
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Kuwaiti Oil Minister: Iran’s right in Al-Durra field depends on border demarcation (video)
On Sunday, July 9, Kuwaiti Oil Minister Saad Al-Barrak affirmed the exclusive right of Kuwait and Saudi Arabia in the offshore Dorra field, and that Iran’s rights in the field depend on the demarcation of borders. Al-Barrak said that the declaration of the right of Saudi Arabia and Kuwait in the offshore field was based…
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Iraq aims to achieve revenues of $300 billion from developing border oil fields
Iraq aims to achieve revenues of about 300 billion dollars as a result of the development of border oil fields, whose contracts were signed today, Tuesday, with a number of oil companies. The signing of contracts for 6 projects in the governorates of Basra and Diyala comes as part of Iraq’s plans to increase production…
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The Egyptian Minister of Petroleum reveals the results of border demarcation with Saudi Arabia
The Egyptian Minister of Petroleum, Tariq Al-Mulla, revealed the positive results that accrued to his country after the decision to demarcate the maritime borders with Saudi Arabia. He said that the demarcation of the border with Saudi Arabia enabled the Egyptian oil sector to operate in the pristine Red Sea region. In 2016, Egypt and…
