Kuwait Oil Company (KOC) is seeking to raise its crude output up to 3.15 million barrels per day (bpd) by 2015 through the drilling of around 250-300 oil wells this year, KOC's CEO Hashim Hashim announced Saturday. Hashim made this announcement on the fringes of launching KOC's community beautification campaign in collaboration with Voluntary Work Center. Hashim told the press that KOC is working within a pre-planned strategy; a strategy that aspires to produce 4 million bpd by 2020 and remain at that level of production through 2030. He added that implementation of many giant projects in the foreseeable future would enable the company to achieve this goal. Meanwhile, as part of KOC's responsibility towards society, a beautification campaign themed "build not destroy" was launched today with the collaboration of Voluntary Work Center. Head of the voluntary center Sheikha Amthal Al-Ahmad told the press that this campaign aims at utilizing the youth's energy by directing it to what is best for their society i.e. building and not destroying public properties. The campaign will aim at beautifying public properties by painting murals on the walls of buildings; hence, Sheikha Amthal called all creative artists to join the campaign where they could also be awarded for their art work.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit IndonesiaMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor