Kuwait and Saudi Arabia will suspend oil production from their joint Khafji oil field and shut down affiliated facilities for one month starting from June 1.

Kuwait Gulf Oil Company (KGOC) has awarded a KWD 7.63 million ($25.1 million) contract to Al Imtiaz Investment Group.

Technip was awarded a contract by Kuwait Gulf Oil Company (KGOC), for the engineering, procurement, construction and commissioning assistance of their Gas and Condensate Export System project.