Saudi Arabia, Kuwait Agree to Produce Oil in Shared Fields

Dec.24 -- Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. Bloomberg's Stuart Wallace reports on "Bloomberg Surveillance."

[sslphh]

This is gulf countries they are brothers and love each others god bless gulf who make the whole world are wonderful place

[TeeThinkable]

Khafji used to be apart of Kuwait. And since Saudi Arabia is going through the silent crisis, having 9 years left of oil reserves, is the reason why they requested this land

[missema]

The legal and sovereign environment is also complex and unique. Saudi Arabia has Khafji, and we have Wafra in Kuwait. The fields in these areas extend beyond their Kuwait's borders, while the surface areas are managed by the two countries

[missema]

That is good news for Chevron and the Khafji Joint Operations Co., which should be busy preparing to resume production.

[michealbay]

Stuart Wallace looks like the Mythbusters guy