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Thursday , March 23 2023

KUFPEC makes gas condensate find in Indonesia

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KUWAIT CITY, Jan 23 : Kuwait Foreign Petroleum Exploration Co. (KUFPEC) unveiled on Sunday a significant gas condensate find in offshore Indonesia, hailing the discovery as a step towards the fulfillment of the company’s 2040 strategy. The discovery was made through “the successful drilling of the Anambas-2X well in 288 feet (88 meters) of water,” read a company statement, saying the find was the “first of its kind” at an offshore block. On what lies ahead in the wake of the discovery, the company said it would carry out “tests” to determine the well’s “production capacity,” which may result in “greater condensate output,” added the statement, (KUNA)

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