Kuwait Said to Deny Work Permits for Saudi Chevron Staff - Bloomberg
▻http://www.bloomberg.com/news/2014-10-27/kuwait-said-to-deny-permits-to-saudi-chevron-staff-at-oil-fields.html
The measures threaten output at the fields, which lie in Kuwait’s section of a so-called neutral zone shared with Saudi Arabia, according to a protest letter that Saudi Chevron sent to the Kuwaiti government, a copy of which was obtained by Bloomberg News. The development coincides with a shutdown of the Khafji offshore fields in the shared border zone on Oct. 16.
“We have Khafji halted at the moment, and now we have Wafra that seems to walk in the same path,” Kamel al-Harami, an independent oil-industry analyst and a former president of state-owned Kuwait Petroleum International Ltd., said by phone today. “Saudi Arabia and Kuwait can’t afford to see all these projects coming to a stop. That’s not good for the long-term and the future of oil development in the neutral zone.”