KUFPEC joins offshore Western Australia consortium
Sept. 5, 2012
Kuwait Foreign Petroleum Exploration Co. has won an exploration concession offshore Western Australia.
Offshore staff
SAFAT, Kuwait –Kuwait Foreign Petroleum Exploration Co. has won an exploration concession offshore Western Australia. Permit WA-481-P in the Perth basin covers 17,500 sq km (6,757 sq mi).
The block is held by KUFPEC Australia Pty Ltd. (30%), Samsung Oil & Gas Australia Pty Ltd. (30%), and operator Murphy Australia Oil Pty Ltd. (40%).
The minimum work program covers six years and includes seismic surveying, geologic and geophysical studies, and drilling activities.
