Sunday 20 April 2014
 
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KOC

Kuwait to award $4.3bn new contract

Kuwait plans to award a 1.2 billion dinar ($4.3 billion) contract later this year for the first phase of a project to produce heavy oil at its northern Ratqa field, the head of state-owned Kuwait Oil Company (KOC) said. The projec

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Dutch shipyard to build 14 terminal tugs for KOC

Dutch-based Damen Shipyards Group has launched the construction phase of 14 Damen ASD tugs for Kuwait Oil Company (KOC), with deliveries scheduled from 2014 onwards. The series consist of two types, being 9 tugs of Damen’s r

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Small gas leak near Kuwait oilfield controlled

Kuwait Oil Company (KOC) has controlled a small leak on a gas pipeline near to the Burgan oil field, the state-run company said on Saturday. A "simple leak" was discovered on Saturday afternoon on an isolation valve on a

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Terra wins Kuwait Oil Company deal

   Terra Energy & Resource Technologies, a natural resource exploration technology company, has been granted a services contract by Kuwait Oil Company (KOC) for oil and gas exploration in Kuwait.   &nbs

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Kuwait Oil Company to invest $40bn

  Kuwait Oil Company (KOC), the upstream division of the Kuwait Petroleum Corporation (KPC), plans to invest about $40 billion in the next five years, it was revealed today.   The investment is aime

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KOC installs Dorma wall system

Kuwait Oil Company (KOC) has become the first in Middle East to use a high-tech movable wall system by Dorma, a global manufacturer of door technology systems and allied products. The Dorma Moveo system was installed in KOC’s Sabriya Colla

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Multiple skills 'key for future leaders'

Future leaders will need to equip themselves with a number of leadership competences and skills to enable them to deliver their vision, as the world becomes more uncertain with significant emerging economies, a top Shell executive said. St

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NBK, Boubyan arrange $175m loan for Kuwait project

National Bank of Kuwait (NBK) and Boubyan Bank led a coalition of five banks to arrange a KD48 million ($175 million) syndicated loan for Al-Khorayef Group. NBK and Boubyan had been mandated by Al-Khorayef Group, a leading Saudi group, to

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Gas seen as key source of energy

Natural gas should become a key source of energy as the energy demand will grow some 40 per cent by 2030, and likely double by 2050, said an expert. Mark Carne, Shell’s executive vice president – Mena, was speaking at the Kuwait Oil and Ga

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Swagelining completes 1st flangeless project

Pipeline rehabilitation and life extending specialist Swagelining has completed the first ever flangeless polymer lining project to be carried out in the Middle East. The project was undertaken by Swagelining’s regional licensee on behalf

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