• The GCC region, including Kuwait, will play an increasingly important role in meeting global oil and gas demand, boosting its share of global supply to 20% by 2035, which will drive significant volumes of upstream investment.
  • The Kuwait OFS market is expected to grow at a 5% CAGR to $2.4 billion in 2030.
  • Kuwait’s long-term strategy includes increasing crude oil production capacity to 4 million barrels per day by 2035, requiring sustained drilling and workover activity.