birds - Kufpec
birds - Kufpec
birds - Kufpec
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Activities<br />
Headquartered in Kuwait City, KUFPEC has been actively involved in overseas oil and gas exploration and production investments and<br />
operations. The Company employs 214 people working in both head office and global operations.<br />
Core Regions<br />
KUFPEC’s global assets stretch from West Africa to the Far East and from Australia to the North Sea. The Company is currently active in 13<br />
countries, with 51 international upstream projects grouped within four core regions across four continents:<br />
Africa Region<br />
Egypt – South Sudan – Tunisia – Mauritania – Congo – UK North Sea<br />
The continent of Africa with its vastly underexplored potential and strategic position in the world energy market is home to five key<br />
countries in which KUFPEC has producing or exploration interests.<br />
KUFPEC has been present in Africa since the Company’s inception. It remains committed not only to helping host countries meet their<br />
energy needs but to boosting export earnings and contributing to the welfare of local communities.<br />
Today, KUFPEC is active in Egypt, South Sudan, Tunisia, Mauritania and Congo. Suitable opportunities continue to be actively pursued<br />
across the continent.<br />
Middle East Region<br />
Pakistan – Yemen<br />
The Middle East Region continues to be the largest producing region for KUFPEC with average net production of 42,921 boepd during<br />
2012 from two countries: Pakistan and Yemen. KUFPEC participates in seven producing assets and three exploratory blocks within these<br />
two countries.<br />
In 2012, KUFPEC acquired the highly prospective Jati Block in Pakistan and will operate the exploration and development phases of this<br />
Block. A successful discovery in the Badhra gas field of Pakistan resulted in net increased production of 17 MMscfpd and net reserve<br />
addition of about 100 BCF (16.7 million boe). Drilling in the Kadanwari gas field resulted in net increased production of 11 MMscfpd from<br />
F Sands.<br />
In Yemen, KUFPEC is aggressively participating in the development of Block 10 with 13 delineation wells to Basement. KUFPEC is<br />
participating in building a 50MW cogeneration power plant to use natural gas that would otherwise be flared or re-injected in Yemen. In<br />
addition to conventional deeper targets on existing fields, KUFPEC is evaluating unconventional plays of Tight Sand Gas and Shale Gas.<br />
13
Change language