Burgan Company for Well Drilling, Trading and Maintenance (Burgan Drilling) has announced the signing of several drilling contracts with Kuwait Oil Company (KOC) with a total value of approximately KWD 70.27 million.
The company confirmed that the contracts were officially signed on March 4, 2026, at the headquarters of Kuwait Oil Company. The signing ceremony was attended by the Chairman of Burgan Drilling’s Board of Directors, who signed the agreements on behalf of the company.
The contracts relate to the drilling of several oil wells for KOC, including Well No. 128, Well No. 133, Well No. 139, Well No. 141, Well No. 142, and Well No. 162, as part of Kuwait’s ongoing efforts to support and expand its upstream oil production capacity.
The total contract value amounts to KWD 70,274,034.462, covering the full scope of drilling operations and related services. The project duration is five years, with work expected to commence within one year from the contract signing date.
Burgan Drilling stated that the agreements reflect the strong partnership between the company and Kuwait Oil Company and highlight the company’s continued role in supporting Kuwait’s oil and gas development programs.
The contracts are expected to contribute significantly to Burgan Drilling’s operational backlog while reinforcing its position as a key drilling services provider in Kuwait’s energy sector.
