Kuwaiti Oil Barrel Price101.45 Date:08-08-2022

& Events

Saudi Arabia: Discovery of two oil and gas fields in the north of the country


Prince Abdulaziz Bin Salman Minister of Saudi Energy has announced on Sunday that the two discoveries of the new oil and gas fields in the Northern parts of the Kingdom. According to the News Agency of Saudi Aramco discovered a gas at the Al-Hajar Plateau field at the Al-Jawf, Al-Zayt and Al-Jawab fields in the northern border region. He added that the condensate-rich gas flowed from the Al-Sara reservoir in the Al-Hajra plateau field in the east of the city (Sakaka) at a rate of 16 million cubic feet per day, accompanied by about 1,944 barrels of condensate. He added that the premium light Arab oil, which is not conventional, flowed from the Al-Shurra field in the south-east of the city of Arar at a rate of 3,189 barrels per day, accompanied by about one million and 100,000 standard cubic feet of gas per day. Meanwhile, the gas flowed from the Al-Qawara reservoir in the same field at a rate of two and 400,000 cubic feet per day, accompanied by 49 barrels per day of capacitors. Also, it was mentioned that the Saudi Aramco will continue to evaluate the quantities of oil and gas and condensates at the two fields, in order to drill more wells to determine the size of the two fields.

of Oil Tender

Ministry of Oil Building - Oil Sector - Third Floor
Finance Department

Announcement of Exercise No.1/2022-2023

Oil Ministry Announcement of Exercise No. 2023/1-2023 The Ministry of Oil announces the offering of an internal practice for a period of 3 years, which is: Internet service provision This is in accordance with the general and specific conditions and specifications contained in the above-mentioned practice documents. The practice documents can be obtained from (Ministry of Oil - Third Floor - Financial Affairs Department - Fund Department) during official working hours starting from Sunday 26/6/2022 AD, for an amount The amount of 75 Kuwaiti Dinars (seventy-five Kuwaiti Dinars) is not refundable, and the deadline for submitting bids is on Thursday 7/7/2022 AD at 2:00 pm, in the Practices Fund of the Ministry of Oil, and the bids are valid for a period of 90 days as of From the date of opening the bid envelopes, the value of the initial guarantee for this bid is 2%, and it should be valid for the duration of the bid Bid validity period, noting that the exercise is indivisible.

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