News dalla rete ITA

7 Luglio 2025

Kuwait

KUWAIT EXTENDS BID DEADLINES FOR PROJECTS WORTH $1.57BN

State-owned upstream operator Kuwait Oil Company (KOC) has extended the bid deadlines for four strategic oil projects worth a total of $1.57bn.The first contract, estimated to be worth KD292m ($951m), is focused on developing a separation facility in the NK SA/BA Area, close to Gathering Centre 23 (GC-23) and GC-24.The scope of the contract also includes a new injection facility at GC-31 and effluent water injection networks in north Kuwait.The project’s latest bid deadline has been set for 22 July.The second contract is to develop the planned Mutriba remote boosting facility in northwest Kuwait.It was originally tendered earlier this year with a bid submission deadline of 29 June. The deadline has now been extended to 27 July 2025.The project has an estimated budget of about KD130m ($420m) and its scope includes:Development of the Mutriba oil fieldInstallation of the degassing stationInstallation of manifoldsInstallation of condensate facilitiesInstallation of wellhead separation unitsInstallation of the pumping systemInstallation of wellhead facilitiesInstallation of oil and gas treatment plantsInstallation of a natural gas liquid plantInstallation of a water and gas injection plantConstruction of associated utilities and facilitiesThe onshore Mutriba oil field is located in northwest Kuwait.In October 2024, KOC announced that it was preparing to tender a project management contract for a scheme to develop the field.At the time, it said four international companies had been invited to participate in the tender process. These were:Schlumberger (US)Halliburton (US)Baker Hughes (US)Weatherford International (US)KOC also said that the list of qualified companies could be extended before the invitation to bid was issued.The third project, estimated to be worth $100m, is for an effluent water injection network in north Kuwait.Effluent water injection or water flooding is a secondary hydrocarbons recovery technique where produced water is injected into a well’s formation under high pressure and temperature conditions to recover more of the oil initially in place.The bid deadline has been extended from 24 June to 22 July 2025.The fourth project is estimated to be worth around $100m and is focused on the construction of a new injection network in north Kuwait that will service the Sabriyah/Bahra (SA/BA) area.Its bid deadline has also been extended from 24 June to 22 July 2025.Kuwait is in the middle of an upstream projects push, in line with its goal of producing 4 million barrels a day of oil by 2035. (ICE KUWAIT)


Fonte notizia: Meed