The MoU signing ceremony
Aramco Gulf Operations Co. signed a Memorandum of Understanding (MoU) today, Dec. 11, with Kuwait Gulf Oil Co. (KGOC) to develop the Durra gas field, the state news agency SPA reported.
Prince Abdulaziz bin Salman, Saudi Arabia's Minister of Energy, signed last March a document with his Kuwaiti counterpart to develop the Durra gas field.
The gas field development builds on the MoU signed by Saudi Arabia and Kuwait on Dec. 24, 2019, on The development aims at producing 1 billion cubic feet of gas equally between the two partners.
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