Kuwaiti Oil Barrel Price75.11 Date:22-11-2024

News
& Events

The Kuwaiti-Saudi permanent joint committee holds its periodic meeting

09-07-2023

I held a meeting today and reviewed the study of the special way for operations in (Khafji and Wafra) Dr. Nimer Al-Sabah: The Kuwaiti-Saudi permanent joint committee discussed accelerating the divided zone projects - Reviewing the strategic plans, existing and future major projects, and the obstacles facing the implementation of the plans The Kuwaiti-Saudi Permanent Joint Committee held its meeting today, Sunday, July 9, 2023 AD, at the headquarters of the Joint Wafra Operations in the State of Kuwait, in the presence of the Chairman of the Permanent Joint Committee and the Chairman of the Kuwaiti side - Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah, and the Chairman of the Saudi side, Assistant Minister of Energy Eng. Muhammad bin Abdul Rahman Al-Ibrahim, in the presence of members from the Kuwaiti and Saudi sides, and some points on the meeting agenda were discussed. Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah said, according to a press statement issued by the Ministry of Oil, that the meeting of the Kuwaiti-Saudi joint committee comes at a very important time to follow up and evaluate work in joint operations, including Al-Wafra and Al-Khafji, and the permanent joint committee stressed the completion and implementation of the terms of the memorandum of understanding signed between the State of Kuwait and the brotherly Kingdom of Saudi Arabia in 2019, overcoming any challenges facing petroleum projects, and working to develop and exploit the natural resources in the divided zone to meet the growth of local demand, which will be achieved from this support and growth in various vital sectors. Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah stated that the Permanent Joint Committee reviewed the study of the visualization of the road and the special corridor for the joint operations (Khafji and Wafra) through the Nuwaiseeb and Al-Khafji outlets. The study takes into account the future vision and joint operations plans, to meet the operational requirements and allow workers and equipment to move easily and smoothly through the border crossings, and this step comes in line with the provisions of the Memorandum of Understanding signed between the two countries. Within the practical framework, Sheikh Dr. Nimer Fahd Al-Malik Al-Sabah noted the agreement between the two sides to modernize the work mechanisms of the Permanent Joint Committee, and this will include developing the means of communication and communication between the two sides, using new technologies in the administrative aspects and holding meetings, which contributes to accelerating the pace of business and achievements. This is in order to facilitate petroleum projects related to the divided zone, and to ensure the facilitation of business related to joint operations, and the safety of workers in operating companies, which include Aramco Gulf Operations Company, Saudi Arabian Chevron Company, in addition to the Kuwait Gulf Oil Company, and to face any emergency or exceptional circumstances. strategic plans The head of the Kuwaiti side of the permanent joint committee revealed the review of the meeting of the permanent joint committee with the Saudi side, the latest developments of issues related to joint operations, including Al-Wafra and Al-Khafji. The meeting also discussed the reports of petroleum operations in the onshore Partitioned Zone and the submerged Partitioned Zone adjacent to it. This review includes strategic plans, existing and future major projects, obstacles facing the implementation of plans, if any, environment and safety, development and training of national labor and the use of advanced modern technologies in petroleum operations. And reviewing the work progress report in the permanent joint committee office, examining the plans prepared for emergency cases and the procedures followed, in the current period, and contributing to their development on a regular and continuous basis. It should be noted that the Kuwaiti/Saudi permanent joint committee was established in accordance with the agreement dividing the neutral zone signed between the two sides in 1965 AD, and it reports directly to the ministers of oil and energy from both sides. Ensuring the continuation of efforts in the proper exploitation of the common natural resources, conducting related studies in this regard, and studying new licenses, contracts and concessions related to the divided area. Note that the committee is chaired by the Kuwaiti side, Undersecretary of the Ministry of Oil, Dr. Nimer Fahad Al-Sabah, and its membership includes officials from the Ministry of Oil and the Ministry of Interior. The Committee holds its meetings on a regular basis, as the Permanent Joint Committee presents its reports and recommendations to the Ministers. It is also mentioned that an agreement was signed with the Saudi side on the division of the submerged region adjacent to the divided region in 2000 AD, in addition to the signing of the annexed agreement and the memorandum of understanding regarding reproduction in the divided region on December 24, 2019 AD, all of which are considered appended to the agreement to divide the neutral zone of 1965 AD.

Ministry
of Oil Tender
Announcement

Ministry of Oil Building - Oil Sector - Third Floor
Finance Department

Providing hospitality workers for the Ministry of Oil



Kindly visit .. to search in OAPEC's library

Librarian: 24959790 – 24959791
Search in library: oapec info@oapecorg.org



Survey

Add an Idea

Reconnaissance