Kuwait intends to expand production by nearly 200,000 barrels per day
Kuwait Oil Company
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 […]
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 […]
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 […]
Top 5 oil and gas contracts in the Middle East: April 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Kuwait Oil Company awards $76 million oil flow lines contract
Combined Group Contracting has announced in a statement that it has secured a five-year contract worth $76.5 million for oil flow lines project issued from Kuwait Oil Company. The company states that the works includes construction of flow lines and associated works in Umm Niqa And South Ratqa in Kuwait. Headquartered in Kuwait, Combined Group Contracting […]
Kuwait Oil Company declares ‘state of emergency’ after oil spill
Kuwait Oil Company declared a “state of emergency” on Monday following an oil spill on land although no injuries or disruption to production was reported. The emergency followed an “oil leak in the west of the country”, the state-owned company said in a statement, after a video posted by Kuwaiti media showed a gushing pipe […]
HEISCO Kuwait secures $223 million contract for oil flow line project
Kuwait’s Heavy Engineering Industries and Shipbuilding Co (HEISCO) announced in a statement that it has secured a five-year contract from Kuwait Oil Co (KOC) for the construction of flowlines and associated works in West Kuwait Area. The value of the contract is KWD 68.5 million ($223.7 million). Earlier during August 2022, HEISCO announces that the company submits […]
Top 5 oil and gas contracts in the Middle East: February 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Kuwait Oil Company awards $176 million maintenance contracts
Kuwait Oil Co (KOC) has awarded two local companies contracts to provide maintenance services for key oil facilities with a combined value of around $176.2 million, Zawya Projects reported, citing a report from Arabic language daily Alanba. KOC, which manages the OPEC producer’s upstream industry, awarded a 74.6 million maintenance service contract for its facilities […]