Kuwait and Saudi Arabia signed an agreement in 2019 dividing up oil production in the neutral zone. Reuters
Kuwait and Saudi Arabia signed an agreement in 2019 dividing up oil production in the neutral zone. Reuters
Kuwait and Saudi Arabia signed an agreement in 2019 dividing up oil production in the neutral zone. Reuters
Kuwait and Saudi Arabia signed an agreement in 2019 dividing up oil production in the neutral zone. Reuters

Kuwait and Saudi Arabia to speed up oil projects in Gulf neutral zone


Ismaeel Naar
  • English
  • Arabic

Kuwait and Saudi Arabia have agreed to speed up efforts on projects in the neutral zone linking the two Gulf neighbours as the countries reiterated joint exclusive rights to the Durra gasfield, to which Iran also claims rights.

The Kuwaiti-Saudi joint permanent committee is monitoring progress on oil projects in the zone, and intends to eliminate any “impediments” that could hinder their completion, Kuwaiti Oil Ministry Undersecretary Sheikh Nimr Al Sabah said.

The committee was “working to develop and exploit the natural resources in the divided region, to meet the growth of domestic demand”, he said.

Kuwait Oil Minister Saad Al Barrak called on Iran to validate its own claim to the Al Durra gasfield, which is known as Arash in Iran, by demarcating its own maritime borders first.

Iran has previously said it has a stake in the field and called a Saudi-Kuwaiti agreement signed last year to develop it “illegal”.

“Until this moment, this is an exclusive right of Kuwait and Saudi Arabia in the Durra field, and whoever has a claim must start demarcating the borders. And if it has a right, it will take it according to the rules of international law,” Mr Al Barrak told Saudi state-run Al Ekhbariya television.

“The other side has claims that are not based on a clear demarcation of the maritime borders,” he added, referring to Iran.

Saudi Arabia said last week that the kingdom and Kuwait exclusively own natural wealth in the Arabian Gulf's maritime neutral zone.

The kingdom also urged Iran to start negotiations with Riyadh and Kuwait on the demarcation of the eastern border of the area.

Analysts have said Kuwait's comments on the field are because of its urgent need for domestic gas resources.

“This makes the Al Durra development a higher priority for them compared to Iran or Saudi Arabia. However, Saudi Arabia and Iran consider Al Dorra as a territorial concern because they aim to safeguard what they perceive as their rightful resources,” Naser Al Tamimi, political analyst and commentator with interests in energy politics, told The National.

“Looking forward, with the demarcation of the maritime borders still unresolved, this problem could raise tensions occasionally.

“There are fears from Gulf countries that Iran will try to exploit the issue to extract territorial, negotiating, or even economic gains.”

Kuwait and Saudi Arabia signed an agreement in 2019 dividing up oil production in the neutral zone that sits between the two countries, a move that analysts say could bring an additional 500,000 barrels of oil per day into the market.

Two major oilfields in the neutral zone between Saudi Arabia and Kuwait, the onshore Wafra field and the offshore Khafji ceased production in 2014 and 2015 respectively, but were restarted on July 1, 2020.

The meetings between Kuwaiti and Saudi Arabia come after Mohsen Khojsteh Mehr, managing director of the National Iranian Oil Company, said “preparations are fully in place to start drilling in the joint Arash oilfield”.

“Considerable resources have been allocated to the board of directors of the National Iranian Oil Company to implement the development plan for this field,” he said, Iranian state media reported.

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

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Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

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The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

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Name: Kumulus Water
 
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Founders: Iheb Triki and Mohamed Ali Abid
 
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Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

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'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

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La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

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Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

Dubai World Cup factbox

Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)

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Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

Updated: July 10, 2023, 10:34 AM