Kuwait Oil Tanker Co (KOTC), announced in a statement that it has awarded a solar energy contract for gas factories at Um AlAish and Shuaiba. The project contract has been awarded to Kuwait’s Life Energy Co. and is worth $6.35 million. The scope of work includes design, construction, operation, and maintenance of the electric power […]
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Posted inNews
Kuwait Oil Company to invest $43 billion on new oil projects, CEO says
Kuwait intends to expand production by nearly 200,000 barrels per day
Posted inNews, People
Kuwait appoints new oil minister
Kuwait formed a new cabinet on Sunday and appointed Saad Al Barrak as oil minister to replace Bader Al-Mulla, Reuters reported. Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah, who was re-appointed as prime minister last week, formed the new cabinet announced in a decree carried by the state news agency KUNA. The Gulf Arab state also reappointed […]
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Kuwait to replace expats with nationals starting next month: Report
Kuwait has intensified its crackdown on foreign workers in its latest localisation drive that will see nearly 150 Kuwaiti citizens replacing expat workers in cooperative societies. According to insider sources cited by Al-Qabas daily, this move aims to address challenges highlighted by the Demographics Amendment Committee and pave the way for a more Kuwaiti-centric workforce. […]
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Kuwait’s Al Zour refinery issues fuel oil sales tenderÂ
Kuwait’s Al Zour refinery has issued a term tender for fuel oil sales for July to December loading, Reuters reported, citing trade sources. The move that comes as the refinery continues to ramp up its third crude distillation unit (CDU). Al Zour’s low-sulphur fuel oil (LSFO) tenders are closely watched by market participants as the […]
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Kuwait Oil Company awards $60 million contract to HEISCO
Kuwait Oil Company (KOC) has awarded a $59.8 million contract to Heavy Engineering Industries & Shipbuilding Co. (HEISCO), the latter announced in a statement. The scope of work is related to water facilities upgradation at KOC’s project locations, HEISCO noted. This year, Kuwaiti EPC contractor HEISCO has secured several multi-million contracts in the Middle East […]
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Kuwait’s HEISCO wins $133 million contract from Aramco in Ras Tanura
HEISCO will execute main civil and mechanical construction works for Aramco’s project
Posted inEnergy Transition
Oman awards hydrogen blocks to Kuwaiti company
Hydrogen Oman (Hydrom) has granted one of Oman’s initial hydrogen blocks to EnerTech Holding Company, a Kuwaiti state-owned company focused on clean energy investment and development. EnerTech is also a founding partner of the international consortium, Green Energy Oman (GEO). According to a press statement by EnerTech, the GEO consortium, which includes EnerTech, Oman’s integrated […]
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Kuwait’s HEISCO wins $133 million contract at JNGLF facility in Saudi
HEISCO’s contract duration with the Saudi facility is for a period of 28 months
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Kuwait Oil Company set to award $250 million wind energy project
Kuwait Oil Company (KOC) is set to finalise the main construction contract for a pilot wind farm to generate electricity for the oil sector by Q3 2023, according to media reports. A source quoted by Zawya said that the bid submission is currently ongoing, and the Engineering, Procurement, and Construction (EPC) contract is expected to […]