Kuwait to Launch Durra Field Bid Rounds in 2025 with Saudi Arabia Partnership
NATURAL GAS
Kuwaiti Oil Minister Tariq Al-Roumi announced that bid rounds for the Durra offshore oil and gas field, developed in partnership with Saudi Arabia, are set to launch in 2025. The project is now free of obstacles, with tenders for its development to be issued soon. Al-Roumi expressed optimism about oil market conditions following OPEC+'s decision to maintain output levels amid rising crude prices and geopolitical tensions.

Feb 4, 2026, 6:03 AM