Politics Stall Kuwait’s Talks With International Companies

摘要

Kuwait’s attempts to bring international oilcompanies into tough projects to boost recov-ery from mature fields and develop muchmore complex reservoirs have ground to ahalt, as Kuwait Oil Co. (KOC) awaits the out-come of a parliamentary investigation intoRoyal Dutch Shell’s agreement to help it devel-op gas from northern fields.“There is no activity now because of thepolitics,” KOC’s deputy managing director forexploration and production, Khalid al-Sumaiti, said on the sidelines of a conferencein Bahrain this week, citing the probe intoShell’s enhanced technical services agreement.