Thursday 10 July 2014
 
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Kuwait oil

Kuwait Oil unit plans $4.2bn heavy oil facilities

A unit of state-owned Kuwait Oil Company (KOC) will launch a tender later this year for the construction of facilities to produce heavy oil at a cost of up to 1.2 billion dinars ($4.2 billion), its chief executive said.  

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Kuwait Oil awards Petrofac $430m contract

Kuwait Oil Company said on Wednesday it had awarded Petrofac a KD123.3 million ($430.8 million) contract to inject mixed effluent and seawater into 69 wells in northern Kuwait. The project in Sabriyah and Rawdatain oil fields is part of ef

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Bangladesh to buy Kuwait oil at higher premium

Bangladesh will import 1.152 million tonnes of oil from Kuwait for consumption over the July-December period by paying a higher premium, a senior energy official said on Saturday. The purchase was proposed by the state-run Bangladesh Petro

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