The government of Kuwait has formed a committee to probe an $800 million contract between state-owned Kuwait Oil Co (KOC) and Shell.
The six-member panel will review procedures leading to
Kuwait has set out a fresh strategy to raise oil output to four million barrels per day by 2020, and gas output to one billion cubic feet per day by
India has offered Kuwait equity in petrochemical plants in exchange for assured crude supplies. India imports 10 per cent of its crude needs from Kuwait
Moving beyond supplier-buyer relationship, India has offered Kuwait a stake in Oil and Natural Gas Corp's Rs 12,440-crore petrochemical plant at Dahej in Gujarat and Indian Oil Corp´s (IOC) proposed
Kuwait has decided to grant resident visas only to graduates from April in a bid to check the number of immigrant labourers, including Indians, settling in the country.
Kuwait labour
Telecom major Bharti Airtel is in talks with the State Bank of India (SBI) to fund its USD 10.7-billion bid to acquire most of the African assets of Kuwait's Zain Telecom, a top bank official said.
Kuwait Oil Company (KOC) and oil giant Royal Dutch Shell have signed an enhanced technical service agreement for development of the Jurassic Gas fields.
Under the contract, Shell will deploy
Kuwait's Zain has received an offer of up to $10.7 billion for its African assets from Indian telecoms firm Bharti, a Kuwaiti newspaper reported on Saturday.
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