April 26, 2021 oil and gas

KOC receives offers for four ‘pipeline projects


KUWAIT CITY, April 25 : The Kuwait Oil Company has received offers for the implementation of 4 huge pipeline projects worth 17.6 million dinars, reports a reliable oil source. The source said the first contract is worth 4.84 million dinars for the construction of a fl ow line from 32 gathering centers to West Kuwait, the second is worth 4.47 million dinars for the construction of a fl ow line from the Burgan field to the Al-Maqwa area, the third is 3.99 million dinars to establish a flow line in West Kuwait and the fourth is 4.3 million dinars to establish a network of lines in western Kuwait to new oil fields. The source stated the local companies are the lowest bidders in these 4 contracts.

These companies include the Combined Group for Contracting, the Heavy Engineering Industries Company for Shipbuilding, the Mechanical Engineering and Contracting Company and the Al-Meer Technical Services Company. These are four out of 11 projects that the KOC intends to implement during the next phase. The 11 projects are valued at 205 million dinars.

arabtimesonline



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