Proactive Solutions in Petroleum

According to studies, Kuwait's proven oil reserves are estimated to be 105 billion barrels (including Partitioned Neutral Zone shared between Kuwait and Saudi Arabia) which translates to approximately 8.2% of the world's oil reserves. Currently, Kuwait is OPEC's fourth largest oil producer and has plans to increase its production to reach
a capacity of 3.5 million bpd by 2015 and 4.0 million bpd by 2020.

In order to cater to the ever growing market for both upstream and downstream services, Phoenix Energy Technology W.L.L. has commenced operations in Kuwait. Opportunities exist in upstream services including novel techniques for field-development modeling, specialist drilling skills, and enhanced extraction methods. Further, environmental engineering, plant safety and other engineering services are the potential areas for exploration.

Phoenix Energy Technology W.L.L. is backed by a highly experienced team of professionals with over 100 man
years of experience behind them. It is geared to provide comprehensive end-to-end solutions in exploration, production, operations and support services domains in the Oil and Gas sector. Phoenix's strength lies in its
proactive approach to problems, and the ability to provide comprehensive and cost-effective solutions.

These solutions include drilling support services; well services such as cementing accessories, tubular inspection, tubular lining and repair services; well completion services including well testing and artificial lift; consulting services and integrated project management.