KOC | Egypt Oil & Gas - Part 2

KOC Awards $61.1 MM Contracts for Local Companies

Kuwait Oil Company (KOC),  a subsidiary of the Kuwait Petroleum Corporation (KPC), has awarded two contracts worth around $61.1 million, Al-Anbaa reported. The first contract was signed with KDDB General Trading &...

KOC signs R&D Agreement with Kuwait University

Kuwait Oil Company (KOC) signed a strategic research and development (R&D) cooperation agreement with Kuwait University, Pipeline Oil and Gas Magazine reported. The five-year agreement aims to enhance mutual coope...

KOC, Halliburton Sign $597 MM E&P Agreement

Kuwait Oil Company (KOC) signed a contract with Halliburton for offshore exploration and production (E&P), Asharq Al-Awsat reported. The $597 million agreement includes six offshore rigs in the exploration phase, ...

KOC to Seal Offshore Contracts in March

Kuwait Oil Company (KOC) plans to sign contracts for the next round of offshore drilling in March 2018, the Kuwait Petroleum Corporation (KPC) has announced. “We have already issued the tender so we should sign next m...

Kuwait Awards Saipem with $850 M Pipeline Contract

The Kuwait Oil Company (KOC) awarded a contract worth approximately $850 million to Saipem to construct a pipeline system for the new El Zour refinery, Egypt Oil & Gas reports. The pipeline will be used to transpo...

Kuwait to Invest $79b in Oil Projects

Kuwait Oil Company (KOC) is willing to pump about $79b of investments over the next five years as part of its plans to increase the production capacity to 4mb/d from 3.1mb/d, Trade Arabia stated. The planned projects ...

Petrofac Inks Agreement with Kuwait Oil Company

Petrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services. The contract, which is valued at more than $35m, was s...

Kuwaiti Oil Price Reached $49.27 per barrel

The Kuwait Petroleum Corporation (KPC) stated on the 2nd of April that on the 1st of April the Kuwaiti oil prices were stable at $49.27 per barrel, which is the same price of the preceding day, reported Kuwait News Ag...

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