Kuwait is a nation that is slowly building itself to become one of the richest and prosperous of the nations of the Middle Eastern region of the World. With a history relating it to the era of the Mesopotamian Civilization it was a nation forgotten until the late 20th century when the discovery of crude oil put it back on the map with full force.
Kuwait is the eleventh largest oil producer and seventh largest exporter of crude oil in the world and accounts up to 7% of the world-wide oil production. The oil industry is currently the biggest industry in Kuwait and accounts to nearly half the country’s GDP with close to 10% of the world’s reserves accounting up to a staggering estimate of 104 billion barrels! The oil wells of Kuwait tap both the shallow low-pressure reserves, which account for most of the wells accounting to about 800 producing close to 1 million barrels daily as well as the 150 deeper high-pressure reserves that dig as far deep as 14,000 feet and produce as many barrels daily.
North Kuwait, West Kuwait and Southeast Kuwait are three of the four regions of Kuwait that produce crude oil and are owned by the Kuwait Oil Company. The fourth region, Wahfra is jointly controlled by Kuwait and Saudi Arabia. Two fields, Sabriyah and Raudhatian with 316 wells are in North Kuwait while West Kuwait contains 130 wells of minor fields that add up to the two major fields, Umm Gudair and Minagish. The Southeast region of Kuwait boasts the second largest oilfield in the world, the multi-reservoir Greater Burgan field consisting of 661 wells producing over 1 million barrels alone. The Wahfra field boasts 900 wells and half the production is transported via underground pipelines to refineries in Kuwait and the other half to Saudi Arabian oil refineries.
There are a number of Hotels in Kuwait to tempt you with all form of luxuries and amazing packages to suite the ideal vacation of your dreams. Millennium & Copthorne Hotels Middle East is one of the most sought after of the UAE Hotels for its plush surroundings and exquisite services and is ideal for both the leisure and business traveler.
