Kuwait Oil Company (KOC) inked an agreement with Kuwait University to cooperate on strategic research and development surrounding oil traps, heavy crude and natural gas, according to a report by Kuwait’s news agency, KUNA.
KU President Hussein Al-Ansari commented in a statement that the five-year accord forms the basis of cooperation on technology acquisition, know-how and enhances the potential of researchers.
Meanwhile, Nayef Al-Enezi, deputy CEO of KOC, noted that these types of partnerships have significant importance in serving research and development.
