KOC Takes Number Of Actions Concerning Projects, Contracts
Category: Business
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Kuwait Oil Company (KOC) has decided to settle a number of projects, issue direct contracts, release variation orders, purchase materials, and support projects worth KD 67 million, equivalent to $220 million, reports Al-Anba daily quoting informed sources.

They explained that KOC recently obtained the approval of the Central Agency for Public Tenders for settling a tender worth KD 25 million with Schlumberger Company for the supply of drilling liners and related services for deep oil wells.

A contract worth KD 3.7 million was awarded to Wetherford Company. The company has decided to issue a variation order worth KD 3.3 million for the contract to provide management support services for health information systems, which had earlier concluded with a general trading company. The Board of Directors of Central Agency for Public Tenders has agreed to the request of KOC to purchase and support operations and maintenance of the Early Production Foundation EPF120 in North Kuwait based on direct order.

The first part of the company’s request includes the cost of purchasing an early production plant of estimated value of KD 16.442 million. The second part includes costs for operating and maintenance support after purchasing the supplies and necessary materials for the implementation of all activities for a period of 563 days at an estimated cost of KD 1.106 million.

The company has asked for a direct order to provide information systems services to Ahmadi Hospital with Al-Diyar United Company for General Trading (as the sole agent) for MEDITECH at a total cost of KD 7.9 million for a period of 60 months.

The company has also asked for direct contract for providing maintenance services of turbines and gas compressors in the enhancing center 160 with an Italian company at a cost of KD 9.2 million, equivalent to 27.2 million Euros, for a period of six years. KOC has decided to fl oat a tender for the construction of pipelines for crude oil and related works in North Kuwait. The project was fl oated among 27 qualified companies within the categories A2 and B2

20 Feb, 2019 0 220
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