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Kuwait awards $1.8bn pipeline contracts

Kuwait, July 29, 2010

Kuwait Oil Company said on Thursday it has awarded Hyundai Engineering and Construction Company and Petrofac contracts worth KD520 million ($1.81 billion) to design and build pipelines.

The state-owned firm said Hyundai will build low sulphur fuel oil, fuel gas and gas oil pipelines from Mina al-Ahmadi refinery to Subbiya and Doha power stations. The project, worth KD404 million, will be completed by April 2013.

Petrofac will build fuel gas and gas oil pipelines plus a pumping station from the same refinery to al-Zour and Shuaiba power stations for KD116 million. It is slated for completion on July 2012.-Reuters




Tags: Kuwait Oil Company | Petrofac | pipelines |

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