The bidders of a joint venture between Saudi Arabia and Kuwait said that the bidding closing date the for two projects at Al Khafji oilfield has extended to the 28th of December.
The two projects cover expansion of offshore oil facilities and construction of water treatment facilities at the oilfield.
Two contractors added that the Khafji joint operations company has also extended a bidding deadline to upgrade onshore crude facilities to February 8 instead of December 28; they include crude and gas treatment plant in the Hout field.
Khafji, which is in the neutral zone between the two countries, has oil production capacity of around 550 thousand barrels per day (bpd). It’s worth mentioning that the kingdom and Kuwait plan to boost capacity in this zone up to 700 – 900 thousand bpd by the year 2030.
The Khafji Joint Operations (KJO) is a partnership corporation between Aramco Gulf Operations, a subsidiary of Saudi Aramco, and the state owned Kuwait Gulf Oil Company.