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 […]
Kuwait
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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
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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 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 […]
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Kuwait to award 22 oil and gas projects this year
State-owned Kuwait Oil Co (KOC) has announced plans to award 22 projects to local and foreign firms in the next few months, Zawya Projects reported, citing the Arabic language daily Alanba. KOC, which manages the OPEC member’s upstream oil industry, will gradually award those contracts after they are approved by the Central Agency for Public […]
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GE Gas Power empowers Kuwait’s energy future with technology centre
GE Gas Power is actively contributing to Kuwait’s energy and economic development by not only providing advanced gas turbines, services, and upgrades but also by fostering the growth of local professionals through the GE Kuwait Technology Centre (GEKTC). This one-of-a-kind facility serves both domestic and international customers, including prominent oil and gas companies. It consists […]
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