On February 3, 2026, TotalEnergies SE and Kuwait Oil Company signed a Memorandum of Understanding at the opening of the 5th Kuwait Oil & Gas Show and Conference (KOGS). The MoU formalizes a partnership to deepen cooperation in exploration, technology, and expertise exchange.
The agreement outlines joint exploration studies, technology sharing, and resource allocation to improve exploration efficiency in both companies’ operating regions. TotalEnergies will bring its global exploration expertise, while KOC will provide access to Kuwait’s offshore development plans.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, said the MoU reflects a shared ambition to support Kuwait’s goal of increasing production to 4 million barrels per day by 2035. The partnership is expected to open new joint‑venture opportunities and shared investment in upstream projects.
Kuwait’s strategy to boost production relies on foreign expertise and investment to offset declining fields and develop offshore discoveries. The MoU aligns with that strategy by leveraging TotalEnergies’ technical capabilities for exploration studies, potentially accelerating Kuwait’s offshore development timeline.
For TotalEnergies, the MoU expands its footprint in the Middle East and strengthens its upstream portfolio in a region that remains a key part of its global energy mix. The collaboration also supports the company’s broader multi‑energy strategy, positioning it to contribute to Kuwait’s resource development while pursuing its own growth objectives.
The MoU is a significant operational milestone for both companies, signaling a deeper partnership that could shape exploration and investment decisions in the coming years.
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