Kufpec

Kuwait: Kufpec unloads Norwegian assets after 'record profits'


Issue 1167 - 21 Apr 2023 | 1 minute read

Kuwait Foreign Petroleum Exploration Company (Kufpec) has completed the sale of its 10% working interest in two production licences (PLs) in Norway to Lime Petroleum.  It said it had achieved record profits from its Norwegian assets in 2022, describing the sale as one of its most successful divestments.

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