(MENAFN) The Kuwait Oil Company (KOC) signed contracts worth USD2.34 billion to build three collection centers in the company's areas of operations, QNA reported.
KOC's first contract, worth USD685 million, was signed with Petrofac to build collection center 29, while the second, worth about USD847 million, was with Larsen and Toubro to build collection center 30.
The third contract was awarded to Dodsal to set up collection center 31, a project worth USD805 million, according to Kuwait news agency (Kuna).
CEO of KOC has stressed in a press statement the importance of the three vital projects for increasing productivity of the Kuwaiti northern fields.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.