Koc To Drill 750 Oil Wells In N. Kuwait

The Kuwait Oil Company (KOC) intends to implement the integrated drilling project for more than 750 wells in northern Kuwait, which is one of the major projects which Kuwait will embark on to realize its goal as the country marches forwards towards the 2040 strategy, reports Al- Anba quoting senior oil sources. The sources said the KOC has invited 3 international companies — the Halliburton, Schlumberger and Weatherford to submit their ‘financial’ and ‘technical’ offers for the project which includes conducting several rounds of negotiations on prices. The sources stated KOC intends to implement the integrated drilling project in the northern fields from A to Z under one crucible.

 

SOURCE   :    ARAB TIMES

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