Kuwait Oil Company (KOC) has awarded its largest environmental project for cleaning polluted soil at a total cost of more than KD1 billion to various local and international companies.
The project, which is considered to be one of the largest in the world, will be implemented in five phases and the contracts are likely to be signed within the next two weeks, stated the report citing sources in Kuwait’s Central Agency for Public Tenders (CAPT).
According to sources, the North Kuwait Drilling, Transport and Processing Project is divided into two sites with a total value of $381.58 million. The first site (Zone One) was awarded to the alliance of Khaled Ali Al-Kharafiand Brothers for Construction Contracting and Lamor Corporation as per the terms and specifications for a total amount of $193.58 million. The second site (Zone Two) was awarded to Kuwaiti Company for Plant Construction and Contracting and Environmental Technology Management Company for a total amount of $188 million.
Meanwhile, the South Kuwait Drilling, Transport and Processing was awarded as follows: Zone One to the alliance of Khaled Ali Al-Kharafiand Brothers for Construction Contracting and Lamor Corporation valued at $196.53 million. Zone Two to the Heavy Engineering Industries and Shipbuilding Company in alliance with Zaopin St Co Ltd valued at $185.23 million. Zone Three to the alliance of Al-Sayer Construction Company for General Trading and Contracting and Water & Soil Remediation valued at $250.6 million.
KOC is continuously working hard to develop a comprehensive environmental program entitled, “Comprehensive Rehabilitation Solutions,” at a cost of $2 billion. This includes several projects for soil rehabilitation and environmental reclamation, covering all affected areas and sectors within the company’s scope of work and these projects are expected to be implemented within a decade. By awarding the tenders for soil rehabilitation, the company is moving towards achieving its strategic objectives regarding environmental affairs through the application of environmental initiatives and standards.
