Koc Shortlists 5 Major Firms To Bid For Future Projects

Kuwait Oil Company (KOC) has shortlisted five major international companies – Amec Foster Wheeler, Fluor, Technip, Worley Europe Ltd, and Kellogg Brown & Root United Company to bid for the provision of comprehensive engineering design services and management of major projects scheduled for implementation within the next five years, reports Al-Anba daily quoting reliable sources from the oil sector.

Sources revealed to the daily that KOC will announce the tender within a month in accordance with the Public Tenders Law, which stipulates the need to make such an announcement one month before the bidding.

Work will be distributed to the winning companies, which will provide various services to KOC, in order to align the projects with the budget.

Sources disclosed these firms will assist KOC in preparing engineering designs and overseeing the implementation of major projects. They added the contracts will cover design and preliminary engineering works, consulting services in project management, modernization of existing facilities, and some new projects.

The engineering and preliminary designs will be implemented in the winning companies’ offices in their countries of origin, while the consulting services will be carried out at KOC’s headquarters in Ahmadi, sources concluded.

 

SOURCE: TIMESKUWAIT

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