Kuwait Oil and Gas News January 2015

Record oil and gas contract awards expected in Kuwait
Project contracts worth $21.5bn due to be awarded over 2015

Impact of falling oil prices on Kuwait
Kuwait’s low budget breakeven price of $52.3 a barrel and its hefty sovereign wealth fund makes it the best prepared out of any Gulf nation to face a prolonged period of depressed oil prices, according to Moody’s Investors Service

GCC oil and gas spending hits four-year high in 2014
Kuwait leads spending as Saudi Arabia has weakest year for contracts since 2004