The Kuwait Oil Company (KOC) has signed contracts worth $1.3 billion to buy over 86 drilling rigs, Kuwait Times reported. CEO Jamal Jaafar said that the contract represents the largest order in the company’s his...
Kuwait will continue its crude oil production, exploration and supply to the domestic market despite suffering from torrential rainfalls, oil sector spokesman Sheikh Talal Al-Khaled Al-Sabah said on November 15. The s...
Kuwait National Petroleum Company (KNPC) has revealed that it had finished 96.6% of its biofuel project at the end of October, the Kuwait News Agency reported. The biofuel project is one the world’s largest proj...
Kuwait National Petroleum Company (KNPC) and the Petrochemicals Industries Company (PIC) signed early May agreements to transfer contracts of key projects to Kuwait Integrated Petrochemical Industries Company (KIPIC),...
Netherland’s’ Van Oord, a leading international contractor specializing in dredging, marine engineering and offshore projects, has successfully executed ground improvement for the Kuwait National Petroleum...