Kuwait awards $2.21 Billion KOC Projects

Kuwait Oil Company (KOC) awards the Project, Supply, Installation, Surveillance and maintenance Of Electrical Submersible Pumping (Esp) Systems.

The Combined value of the Projects is KWD 679.4 million. (USD 2.21 billion).

The Project was awarded to following Companies:

Group A – 1st Contract:
The Group A, 1st contract was awarded to Alkhorayef Petroleum Company. The value of the contract is KWD 233.99 million.
Group A– 2nd Contract:

The Group A, 2nd contract was awarded to Halliburton. The value of the contract is KWD 200.49 million.

Group A– 4th Contract:

The Group A, 4th contract was awarded to Schlumberger. The value of the contract is KWD 169.96 million.

Group B- 1st Contract:

The Group B, 1 st contract was awarded to Tianjin Rongheng Group CO., LTD. The value of the contract is KWD 74.95 million.

KOC receives the bidders proposals for all the seven packages during July 2025. The Projects are subject to sign with the above companies upon fulfillment of Contractual requirements.

Read Also: Kuwait awards $681.3 million KOC Project

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