The giant Burgan field is the heart of Kuwait’s oil sector. With production averaging 1.49mn b/d in 2019-20, it is also one of the largest fields in the world, behind only Saudi Arabia’s 3.8mn b/d Ghawar, and ssentially tied with Iraq’s Rumaila.
But Burgan is also a mature field, having first been discovered in 1938, and production capacity has fallen in recent years (see chart). In 2014, capacity was around 1.7mn b/d and KOC’s goal was to maintain capacity at that level. BP was brought to the field in 2014 under a technical service agreement (TSA) to help maintain Burgan's capacity at 1.7mn b/d (MEES, 14 November 2014. The UK major's contract was subsequently upgraded to an enhanced technical service agreement (ETSA) in 2016 (MEES, 15 July 2016). (CONTINUED - 763 WORDS)