Kuwait Oil Company (KOC) receives the bidders proposals for the project, Jurassic Light Oil (JLO) Export Facilities & Upgrading of Existing Export Network.
Two bidders has submitted the proposals:
- Larsen & Toubro (L&T) Limited has submitted the price of KWD 303.5 million.
- Petrofac has submitted the price of KWD 310.5 million.
The project involves the construction of new storage facilities for Kuwaiti export crude and Jurassic light crude, along with the upgrade of existing crude export infrastructure.
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