News Digest (www.worldoil.com)
TotalEnergies and Kuwait Oil Company (KOC) have signed a memorandum of understanding to enhance technical cooperation and conduct studies on potential exploration opportunities in Kuwait.
Scope of Collaboration
The agreement focuses on exchanging technical expertise and collaborating on subsurface and upstream studies. This joint effort is aimed at supporting Kuwait's long-term objectives for resource development, with TotalEnergies providing specific technical capabilities to evaluate new exploration prospects.
Strategic Context and Objectives
This MoU extends the companies' established relationship in Kuwait. Its purpose is to guide and inform future upstream projects, aligning with the country's goal of further developing its hydrocarbon resources. The agreement is framed as a reflection of a shared ambition to contribute to Kuwait's development goals and to deepen long-term cooperation through technical collaboration.
3 February 2026
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