Kuwait Oil Company

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Kuwait Oil Company

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Kuwait Oil Company uses the latest technology for oil exploration and drilling

Kuwait Oil Company, as the name says is an oil company located in Kuwait. The company is a ancillary unit of the famous Kuwait Petroleum Corporation. KOC as the company is popularly known is among the top oil exporting companies in the Arab region.

About Kuwait:

Kuwait is one of the famous Arab nations located in the northeastern part of Arabian Peninsula. The country borders Iraq and Saudi Arabia as it land neighbors. The Persian Gulf lies in northwestern shore of Kuwait. The country s economy largely depends on the oil and gas industry and contributes about 80% of the earning. The country s has massive petrochemicals resources and accounts about 10% of world s reserves.

History of Kuwait Oil Company:

The company was established in the year 1934. Two oil companies started this single entity, the Anglo-Persian Oil Company that was later renamed as British Petroleum Company and the Gulf Oil Corporation, which is presently known as Chevron Corporation. The company s activities started with exploration operations for both on shore and off shore. Drilling of test wells and developing fields for natural gas exploration are some other initial activities started by KOC.

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In the year 1938, the oil was discovered in Burgan fields in huge quantity. This finding of commercial quantities meant that the company was now ready for exporting oil. The late Amir of Kuwait in the year 1946 declared first export shipment for crude oil.

In the following years, new oil fields were explored and discovered. The export facilities of KOC were expanded and new ones were constructed in the Sea Island, the Single Point Mooring, and the North and South Piers.

In the year 1975, the government of Kuwait took 100% control of the KOC.

In 1980, another achievement in oil sector of Kuwait took place. The government established the Kuwait Petroleum Corporation and brought together all the oil companies together as one unit.

The invasion of 1990 in Kuwait affected the oil exploring and exporting activities. After liberation in 1991, the company soon returned to its oil production spree.

Another exploration happened and in 2005 the company discovered super light crude oil.

In 2006, natural gas was discovered in the fields of Um Niga, Mutriba and Rahiya.

Kuwait Oil Company s Operations:

KOC manages all aspects of the oil operations right from exploring new fields to drilling and finally exporting the oil and natural gas to international markets. The company is entirely responsible for exploration, drilling and production of natural gas and oil in Kuwait. KOC also actively involves in export of crude oil.

Technology Used in Kuwait Oil Company:

KOC uses the latest technology for oil exploration and drilling process. The company uses the Micro-seismic technology which helps in monitoring reservoir dynamics. This technology helped in checking any king of fractures trigged off by water flooding.

The company also conducts Asphaltene Studies to check the formation of asphaltene deposition.

In addition, KOC has plans to construct Integrated Asset Models required for field operational optimization. The chief aim of this model is to check production in a timely manner.

Other important technologies used in KOC are the Intelligent Well Technologies, H2S Scavenger Application and EOR Screening Options.

Shipra Sinha writes on behalf of NaukriGulf.com, a leading job portal for

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in Middle East. Info Edge foray into the Middle East is an Endeavour to provide established client base with services that best meet their international requirements as well as expand our operations on to a gl

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