Al-Durra Gas Field project clears hurdles, production to be split 50:50

A well-informed oil source said the Al-Durra field project is not expected to face any obstacles, with clear understandings in place with the Saudi partner to equally share production, allocating 50 percent to each side.

The source explained that the project has been structured into three main phases. The first phase involves drilling wells, followed by the construction of oil and gas facilities, including gas separation and treatment units.

The final phase will focus on extending pipelines from the field to Kuwait. The total cost of the project is estimated at around $2 billion, with contracts to be awarded through a lowest-bidder tender process, reports Al-Jarida daily quoting reliable sources.

In December 2022, Saudi Aramco and Kuwait Gulf Oil Company signed a memorandum of understanding to jointly develop the Durra gas field, located in the Neutral Zone.

The project aims to produce approximately 280 million cubic meters of natural gas per day, in addition to about 84,000 barrels of liquefied natural gas daily.