Kuwait Announces ‘Huge’ Oil and Gas Discovery in Offshore Field
<-bsp-bb-link state="{"bbHref":"bbg://securities/1317586Z%20US%20Equity","_id":"00000190-b31d-d6e5-adde-bbdd99f80000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Kuwait Oil Co. said it’s discovered “huge commercial amounts” of light oil and associated gas in an offshore field, marking a “turning point” in its efforts to explore offshore hydrocarbons.