Saudi Arabia and Kuwait Assert Joint Ownership of Offshore Gas Field. Urge Iran to Engage in Talks

Reuters
Thursday, August 3, 2023

Saudi Arabia and Kuwait reaffirmed that they jointly own rights to natural resources in the Gulf's Durra gas field, Saudi state news agency SPA reported early on Thursday, citing a statement from the Saudi foreign ministry.

The foreign ministry also said both countries are renewing calls for Iran to engage in negotiations on the demarcation of the eastern border of the Gulf's maritime "Divided Area," SPA said.

Saudi Arabia and Kuwait will negotiate as one party, with Iran acting as the other side in the talks "in accordance with the provisions of international law," the Saudi foreign ministry added.

Iran has previously said it has a stake in the Durra field and called a Saudi-Kuwaiti agreement signed last year to develop it "illegal."

Iran said on Sunday it would pursue its rights over the field if other parties shunned cooperation, a few days after Kuwait's oil minister said his country would start drilling and begin production without waiting for border demarcation with Iran.

(Reporting by Hatem Maher in Cairo, Editing by Leslie Adler and Matthew Lewis)

Categories: Middle East Gas Offshore Energy Industry News

Related Stories

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Oil Up 8% as Middle Eastern War Rages

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

DUG Hooks Multi-Client Seismic Reprocessing Survey off Malaysia

Petronas Takes Operatorship of Oman’s Offshore Block 18

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Current News

Remazel Expands Offshore Services Footprint in Brazil with H Tech Acquisition

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Asia’s Oil Reliance on Middle East Explained

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com