Kuwait, S. Arabia discuss boosting cooperation at oil-rich joint zone


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Aug 5 (KUNA) -- Kuwait Gulf Oil Company (KGOC) and Aramco Gulf Operations Company (AGOC) have discussed boosting cooperation for optimum exploitation of the crude oil resources in the joint Kuwaiti-Saudi Al-Khafji zone.
KGOC said in a statement on Thursday the discussions were held between the company acting Chief Executive Officer Imad Sultan and AGOC's chief manager and head of the operations committee in Al-Khafji, Ali Al-Ajmi.
"The talks dealt with boosting brotherly and professional cooperation between the two sides for serving joint interests and optimal exploitation of the two brotherly countries' wealth (namely crude oil) in Al-Khafji joint operations zone," the statement said.
They touched on joint objectives, perspectives, work development in the region, emerging issues and other topics of common concern.
The KGOC side affirmed during the meeting maintaining the common approach and mutual cooperation for achieving strategic goals and optimum usage of the natural resources in the joint zone.
The company, a subsidiary of Kuwait Petroleum Corporation, was established in 2002 to take charge of Kuwait's share of the crude oil in the divided zone between Kuwait and Saudi Arabia. (end)
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