The Kuwait Oil Company (KOC) is finalizing plans for its second offshore exploration phase, which it confirms will consist of nine wells.
In its recently published annual report for FY2024-25, KOC says that the drilling began in January for the fourth well ‘Julaiah-3,’ which is the emirate’s first offshore well targeting Jurassic reserves (MEES, 24 January). KOC says Julaiah-3 has reached the Mutriba formation. (CONTINUED - 103 WORDS)