Thursday 27 July 2017
 
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KOC

Dodsal faces KOC action over oil project delay

State-owned Kuwait Oil Company (KOC) plans to slap a KD25-million ($82 million) fine on UAE-based Dodsal Group over its failure to complete a key oil project on time, said a report. KOC will decide on the fine in line with the cou

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Dodsal faces KOC action over oil project delay

State-owned Kuwait Oil Company (KOC) plans to slap a KD25-million ($82 million) fine on UAE-based Dodsal Group over its failure to complete a key oil project on time, said a report. KOC will decide on the fine in line with the cou

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Dodsal faces KOC action over oil project delay

State-owned Kuwait Oil Company (KOC) plans to slap a KD25-million ($82 million) fine on UAE-based Dodsal Group over its failure to complete a key oil project on time, said a report. KOC will decide on the fine in line with the cou

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Emerson supplies reservoir software to KOC

US-headquartered Emerson Automation Solutions has supplied its Roxar RMS reservoir modeling software to Kuwait Oil Company (KOC). The new licenses will be used to build more accurate and detailed reservoir models. The new contract

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Emerson supplies reservoir software to KOC

US-headquartered Emerson Automation Solutions has supplied its Roxar RMS reservoir modeling software to Kuwait Oil Company (KOC). The new licenses will be used to build more accurate and detailed reservoir models. The new contract

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Oil dips as Kuwait oil workers end strike

Crude futures fell in early Asian trade on Wednesday after Kuwaiti oil workers ended a three-day strike that had cut production from the Middle Eastern country and data showed US stockpiles rose last week. Brent crude futures, wer

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Leak at Kuwaiti oil well site, no gas spill recorded

Workers are fixing a leak at a site where an oil well is being dug in northern Kuwait, state news agency Kuna reported on Wednesday. The agency quoted Saad Al-Azemi, spokesman for the Kuwait Oil Company (KOC), as reporting that &q

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Kuwaiti oil firms switch CEOs

The heads of the state-owned Kuwait Oil Company (KOC) and Kuwait Foreign Petroleum Exploration Company (Kufpec) will swap positions, Oil Minister Ali Al-Omair said on Wednesday. "There is a decision to circulate the managemen

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Heavy oil project claims $4bn of Kuwait’s Q1 contracts

Kuwait awarded KD 1.8 billion ($6 billion) worth of contracts in the first quarter (Q1) of 2015, out of which a deal worth KD1.2 billion ($4 billion) for phase 1 of the Lower Fars Heavy Oil Handling Facilities was awarded to UK-based Petrofac, a

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Heavy oil project claims $4bn of Kuwait’s Q1 contracts

Kuwait awarded KD 1.8 billion ($6 billion) worth of contracts in the first quarter (Q1) of 2015, out of which a deal worth KD1.2 billion ($4 billion) for phase 1 of the Lower Fars Heavy Oil Handling Facilities was awarded to UK-based Petrofac, a

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