A high-key delegation from Kuwait Petroleum Corporation and subsidiaries visited Shell Centre in London on 20th of February 2008 to discuss current and future cooperation.
Shell Egypt NV and Shell Austria GmbH (collectively “Shell”) and Kuwait Foreign Petroleum Exploration Company ksc (KUFPEC) today announced that an agreement has been reached for the sale to KUFPEC (R) Ltd (a wholly owned subsidiary of KUFPEC) of Shell’s 40 per cent stake in the BG operated Rosetta Concession in the Nile Delta, some 65 kilometres offshore Egypt, including the currently producing gas field and onshore/offshore plant.
The Department of Energy (DOE), Shell Philippines Exploration B.V. (SPEX), Kuwait Foreign Petroleum Exploration Company (KUFPEC) Philippines (Onshore) B.V., and South China Resources, Inc. (SCR) today signed Service Contract No. 60 (SC 60) for oil and gas exploration in the area offshore Northeast Palawan.
Shell Development and Offshore Pakistan BV (Shell) is pleased to announce that Premier Oil Pakistan Offshore BV (Premier) and Kufpec Pakistan BV (Kufpec) have agreed to acquire 50% of Shell’s 95% working interest in Block 2365-1 Offshore Indus E, a deepwater oil exploration licence in the Indus basin, approximately 150 kilometers south of Karachi.
Royal Dutch/Shell Group of Companies (Shell) has signed a memorandum of understanding (MOU) with Kuwait Petroleum International Limited (KPI) to explore opportunities worldwide to develop and implement joint downstream investments. The MOU builds upon the relationship that Shell and Kuwait have fostered over the past 50 years.
