Thursday 10 July 2014
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.  


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


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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