Kuwait National Petroleum Company (KNPC), a state run refiner, is in talks with banks to raise a loan worth around $10 billion to expand and refurbish the Gulf state's main refineries, according to five sources aware of the matter.
Kuwait National Petroleum Company (KNPC) has selected Foster Wheeler and Amec companies as consultants for two mega oil projects, estimated to cost around $30 billion.
KNPC said in a statement the London-based international engine
Equity markets still present attractive value going forward despite the first half of 2011 seeing revolts in Northern African countries, a devastating earthquake and tsunami in Japan and sovereign debt worries in peripheral Europe.
Jumbo Shipping, leader in the transport of oversized and heavyweight cargo, has completed its eight-month heavy lift transport contract for Kuwait National Petroleum Company (KNPC).
The contract involved the transport of 37 reactors, separ