PROJECTS: Kuwait to issue 87 oil services tenders

PROJECTS: Kuwait to issue 87 oil services tenders

Kuwait intends to issue 87 tenders in the current fiscal year for providing services to its oil facilities, press reports said on Monday.The government-owned Kuwaiti Integrated Petroleum Industries Company (KIPIC) will issue the tenders through the rest of the 2020-2021 fiscal year, which started on April 1, the Arabic language daily Alanba said, quoting KIPIC sources.Most of the services in those tenders are concentrated in the planned multi-billion dollar petrochemical complex near the $15 billion Al-Zour oil refinery in South Kuwait and offshore oil export facilities that will service the refinery and the complex, it said.The export terminals project also comprises three quays and 2.5-km subsea pipelines, the report added.(Writing by Nadim Kawach; Editing by Anoop Menon)([email protected])Disclaimer: This article is provided for informational purposes only. The content does not provide