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Global Tenders - Kuwait Petroleum / Oil Tenders
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63 Record Matches Your Request
Showing 1 - 10 Records
Tender Notice Type: Tender Notice Country : Kuwait
Tender Category: Industry , Oil and Gas Product and Equipment
Description: Design, Construction And Delivery Of A Number (1) Crude Oil Tanker (vlcc).
Action Deadline: 15 Aug 2017 Ref. no.: 39633322
View Tender Details: View Details
Tender Notice Type: Tender Notice Country : Kuwait
Tender Category: Industry , Oil and Gas Product and Equipment
Description: Design, Construction And Delivery Of A Number (3) Gas Carriers Category (vlgc-lpg).
Action Deadline: 15 Aug 2017 Ref. no.: 39633321
View Tender Details: View Details
Tender Notice Type: Project Information Country : Kuwait
Tender Category: Oil and Gas , Oil and Gas Services , Infrastructure and construction
Description: Mina Al Ahmadi Refinery - Molten Sulphur Forming Facilities
Action Deadline: Sep 2019 Ref. no.: 39169081
View Tender Details: View Details Estimated Cost: USD 200,000,000
Tender Notice Type: Project Information Country : Kuwait
Tender Category: Oil and Gas , Oil and Gas Product and Equipment , Infrastructure and construction
Description: Gc 32 Sour Gathering Center
Action Deadline: Jun 2020 Ref. no.: 38635315
View Tender Details: View Details Estimated Cost: KWD 1,300,000,000
Tender Notice Type: Tender Notice Country : Kuwait
Tender Category: Oil and Gas Product and Equipment
Description: Supply, Implementation, Initial Operation And Maintenance Of Infrastructure Upgradng Works For Fuel Collection Systems At The Shuwaikh Station.
Action Deadline: 27 Jun 2017 Ref. no.: 38593844
View Tender Details: View Details
Tender Notice Type: Tender Notice Country : Kuwait
Tender Category: Infrastructure and construction , Oil and Gas Services
Description: Establishment Of Crude Oil Pipelines And Related Works In Southern And Eastern Region Of Kuwait Flow Lines.
Action Deadline: 02 Jul 2017 Ref. no.: 38573617
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Tender Notice Type: Tender Notice Country : Kuwait
Tender Category: Infrastructure and construction , Oil and Gas Services
Description: Modernization And Development Of Gas And Condensate Network In The South Of Kuwait Upgradation Of Gas And Condensate Network At South Kuwait.
Action Deadline: 13 Jun 2017 Ref. no.: 38307461
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Tender Notice Type: Project Information Country : Kuwait
Tender Category: Oil and Gas , Oil and Gas Services , Infrastructure and construction
Description: Drilling Of Wells And Construct Gas Gathering Facilities In Northern Region
Action Deadline: Jan 2022 Ref. no.: 37995585
View Tender Details: View Details Estimated Cost: USD 3,300,000,000
Tender Notice Type: Project Information Country : Kuwait
Tender Category: Oil and Gas , Infrastructure and construction , Building
Description: Industrial Complex As Launchpad For Oil Projects In Al-shaaiba Area
Action Deadline: Dec 2017 Ref. no.: 34726164
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Tender Notice Type: Project Information Country : Kuwait
Tender Category: Oil and Gas , Oil and Gas Services , Infrastructure and construction
Description: Khafji to Mina Al Ahmadi New Gas and Condensate Pipeline
Action Deadline: Jan 2019 Ref. no.: 34363708
View Tender Details: View Details
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View More Petroleum & Oil Tenders from Kuwait >>>

Kuwait is OPEC's third largest oil producer and claims to hold approximately 104 billion barrels (16.5×10^9 m3), 8% of the world's world oil reserves. This includes half of the 5 billion barrels (790×10^6 m3) in the Neutral Zone which Kuwait shares with Saudi Arabia. Most of Kuwait's oil reserves are located in the 70 billion barrels (11×10^9 m3) Burgan field, the second largest conventional oil field in the world, which has been producing oil since 1938. Since most of Kuwait's major oil fields are over 60 years old, maintaining production rates is becoming a problem.

The size of Kuwait's reserves came into question in 2006 when a leaked memo from the Kuwait Oil Company (KOC) reported by Petroleum Intelligence Weekly that national reserves of were some 48 billion barrels. The data was produced at the end of 2001 by state-owned Kuwait Oil Co. (KOC) and based on the findings of its reserves management committee. The total includes the whole of Kuwait plus its share of the Neutral Zone shared with Saudi Arabia, which is referred to in Kuwait as the Divided Zone (DZ). These barrels are split roughly 50-50 between "proven" reserves -- those with a 90% certainty of being produced -- and "nonproven," which is assumed to be a combination of probable and potential. The total figure is more than 75% lower than Kuwait's official proven reserves of 101.5 billion bbl.

Kuwait produces about 2.6 million barrels per day (410×10^3 m3/d) which translates to a reserves-to-production ratio of about 100 years.
 

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