Tag: Kuwait Petroleum Corporation

Kuwait studies privatisation of oil services, not output

Kuwait studies privatisation of oil services, not output

Kuwait struggling with lower oil prices By Ahmed Hagagy KUWAIT, July 12 (Reuters) – Kuwait is considering privatizing its oil services sector, a senior finance ministry official said on Tuesday, although any plans would not include its production capability. The finance ministry and state-run Kuwait Petroleum Corporation are studying which sectors and services may be privatised, […]