Kuwait Foreign Petroleum Exploration Company (Kufpec) has discovered natural gas and a light form of oil in Indonesia.
Kufpec made the discoveries “through the successful drilling of the Anambas-2X well” in 288 feet of water, Bloomberg reported.
Kufpec started its operation in 1981, known as an international upstream company, engaged in exploration, development and production of crude oil and natural gas outside Kuwait.