Kuwait plans to boost production at the Burgan oilfield to support Kuwait’s oil production growth. The country aims to reverse the decline in one of the world’s largest oilfields. Burgan began operations in 1946 and remains vital to Kuwait’s economy.
Located in southeast Kuwait, the field covers 780 square kilometers. That’s almost the size of Bahrain. Burgan holds around 70 billion barrels of oil. This equals about two-thirds of Kuwait’s total reserves. Only Saudi Arabia’s Ghawar field is larger.
Before recent drops, Burgan produced more than 2 million barrels per day. However, due to the field’s age, output fell to around 1.7 million barrels daily. In response, Kuwait Oil Company (KOC) approved a major new project. The company wants to raise Burgan’s output by 10 percent.
KOC manages all of Kuwait’s oil exploration and production. It is pushing hard to ensure Kuwait’s oil production growth meets future goals. The plan reflects Kuwait’s long-term strategy to keep oil as a central income source.
Sheikh Nawaf Al-Sabah, CEO of Kuwait Petroleum Corporation, confirmed the country’s production plans. He said Kuwait can already produce more than 3 million barrels per day. The goal is to reach 4 million barrels by 2035. Much of the growth will come from Burgan and the Neutral Zone shared with Saudi Arabia.
