Oil gathering centre

KOC awards EPC contracts

KUWAIT CITY, July 16, 2014 – Last week, the Kuwait Oil Company awarded three contracts for gathering centres, worth a total of $2.3 billion, to Petrofac, Dodsal Group and Larsen & Toubro. The contracts are worth $700 million, $810 million and $840 million. respectively.

 

The gathering centres will be located in North Kuwait and are part of the KOC’s plans to increase crude oil production to 4 million barrels of oil per day by 2020.

Project management consultancy and front-end engineering design studies were been carried out by British multinational AMEC.

Read our latest insights on: