Saipem to Build Pipelines for Kuwait Refinery Project
Kuwait Oil Co. (KOC), a unit of Kuwait Petroleum Corp. (KPC), has awarded Saipem an approximately $850 million contract for a roughly 450-kilometer pipeline system that will feed into KOC's new Al Zour refinery, Saipem announced Tuesday.
"We welcome with particular satisfaction this new contract from such an important client as KOC," Saipem CEO Stefano Cao said in a written statement. Cao added that the award "marks a new milestone" for Saipem in onshore engineering and construction and "reinforces and consolidates Saipem's presence in Kuwait."
The scope of work under the contract includes constructing a system of pipelines of various diameter to transport crude oil and natural gas from various KOC South Tank Farm manifolds to the Al Zour refinery, Saipem noted. In addition, Saipem stated the project will include a network to carry refined products to storage areas at KNPC's Mina Al Ahmadi refinery. The refined products also will feed the Northern Power Station owned by Kuwait's water and electricity ministry, Saipem added.
Kuwait National Petroleum Corp., a unit of KPC, states on its website that the 615,000-barrel per day (bpd) Al Zour project is the world's largest grassroots refinery and will boost Kuwait's total refinery capacity to 1.4 million bpd. The company anticipates an early 2019 commissioning for the facility.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Oil Groups Talk Federal Lease Freeze
- Lundin Contracts Odfjell Rig for Up to Nine Wells
- Oil Steady as Demand Fears and Tighter Supply Mingle
- BP Directly Supplies China Gas Customers with LNG
- China Oil Demand at Risk
- Zennor Achieves Carbon Neutrality
- Schumer Wants Biden to Bypass Congress on Climate
- Diamond Offshore Announces Restructuring Plan
- Tullow Spuds Well Offshore Suriname
- Permian Flaring Report Contrasts with RRC Stance
- Biden Set to Freeze Oil Leasing on Federal Land
- TC Energy Reacts to Keystone Pipeline Development
- Alberta Leader Urges Keystone Retaliation
- DOE Announces New Senior Leaders
- Shell Reshapes Malaysia Business
- Woman to Lead New Middle East Oil Firm
- Equinor SVP Joins Aker Solutions
- Iran Says it is Reviving Oil Output
- Oil Groups Talk Federal Lease Freeze
- Israeli Firm Claims EV Charging Breakthrough
- Executives Predict 2021-End Oil Price
- Shale Needs More to Boom Again
- Oil Discovery Made in US Gulf of Mexico
- Biden Set to Freeze Oil Leasing on Federal Land
- Canada Gov Supports Hibernia Project
- Troops Fight Off Attack Near $20B LNG Project
- Pacific Drilling Expects Ch11 Emergence by End 2020
- BLM Finalizes Alaska Activity Plan
- Qatar and Four Arab States to Fully Restore Ties
- ADNOC Creates New Directorate