Kuwait Oil Company Company News

Recent Articles

Results 35 articles shown

Halliburton Wins Kuwait Digital Contract
KOC will be able to design and operate North Kuwait field digital twins.
7:00 PM EST | February 03, 2021
The Top 10 Ideal NOC Employers
Presenting the highest-scoring NOCs in Rigzone's 2019 Ideal Employer Survey!
8:00 PM EST | August 28, 2019
Saipem to Build Pipelines for Kuwait Refinery Project
A unit of Kuwait Petroleum Corp. has awarded Saipem an approximately $850 million contract tied to KOC's Al Zour refinery project.
8:00 PM EST | August 15, 2017
Weir Oil & Gas Secures KOC Wellhead Contract
Weir Oil & Gas Dubai makes an agreement with Kuwait Oil Company for the purchase of 295 Seaboard wellheads, representing approximately $12 million.
7:00 PM EST | November 06, 2016
Amec FW Clinches KOC's FEED Contract to Upgrade OGC in Kuwait
Amec Foster Wheeler clinches a front end engineering design contract from Kuwait Oil Co. to upgrade its Oil Gathering Center in Kuwait.
8:00 PM EST | May 26, 2016
Kuwait Seeks Oil Output at 43-Year High as Freeze Talks Loom
Kuwait Oil Co. will soon offer contracts for offshore rigs and support services to drill its first undersea wells as the Persian Gulf nation tries to boost crude output.
8:00 PM EST | April 11, 2016
Saipem Secures Services Contracts worth almost $700M
Saipem secures new offshore engineering and construction contracts worth almost $700 million.
8:00 PM EST | October 08, 2015
China's BGP Commences 3D Survey for KOC in Kuwait Bay
China's BGP commences 3D survey for Kuwait Oil Co. in Kuwait Bay.
8:00 PM EST | August 13, 2015
Petrofac Bags $780M EPC Contract from Kuwait Oil Company
Petrofac bags a $780 million engineering, procurement and construction contract from Kuwait Oil Company for a manifold group trunkline system in the north of Kuwait.
8:00 PM EST | July 09, 2015
Report: Kuwait Discovers 4 New Oil Fields In Kingdom
Kuwait's state news agency says the state-run Kuwait Oil Co. has discovered four new oil fields.
8:00 PM EST | April 19, 2015
Kuwait Plans 2015 Tender For Oil Service Deals
KOC plans to tender this year for oilfield enhanced technical service agreements.
8:00 PM EST | March 08, 2015
L&T Hydrocarbon Bags $846M EPC Contract from Kuwait Oil Company
L&T Hydrocarbon bags a $846 million engineering, procurement and construction contract from Kuwait Oil Company.
8:00 PM EST | July 14, 2014
Britain's Petrofac Gets $700M Contract in Kuwait
UK oilfield services firm Petrofac secures a $700-million contract with Kuwait Oil Co.
8:00 PM EST | July 09, 2014
KOC to Increase Production to Aid in Project Kuwait
Kuwait hopes to increase production capacity to 4 million barrels per day through several concentrated efforts.
8:00 PM EST | April 27, 2014
KOC Renews Project Management Services Deal with AMEC
Kuwait Oil Company renews a five year contract, worth $414 million, for AMEC to provide project management services for its major upstream projects in Kuwait.
7:00 PM EST | January 07, 2014
Fluor Bags $410M Contract to Provide Consulting Services to KOC
Fluor bags a $410 million contract to provide consulting services for Kuwait Oil Company's projects.
7:00 PM EST | December 30, 2013
Technip Wins Kuwait Oil Company Deal
France's Technip wins a $400 million, five-year contract to supply project management and engineering services to the Kuwait Oil Company.
7:00 PM EST | December 17, 2013
WorleyParsons Bags $400M Deal to Provide Program Management Services to KOC
WorleyParsons bags a $400 million contract to provide program management services to Kuwait Oil Company.
7:00 PM EST | December 10, 2013
Kuwait to Invest $56B on O&G Expansion Over 5 Years
Kuwait plans to invest $56B on domestic oil and natural gas projects over the next five years to help meet rising global demand, Chairman of Kuwait Oil Co. Sami al-Rushaid said.
7:00 PM EST | November 11, 2012
Kuwait Oil Spends $5.41B A Year on Capex
Kuwait Oil, responsible for the Gulf state's O&G exploration and production, is spending around $5.41B on new capital expenditure every year.
8:00 PM EST | April 03, 2011
Shell to Develop Jurassic Gas Reserves in Kuwait
Shell signed a technical service agreement to develop Kuwait's challenging Jurassic Gas fields.
7:00 PM EST | February 16, 2010
Kuwait Discovers New Oil, Gas Field; On the Prowl for More
Kuwait has discovered a new oil and gas field and is exploring for more as the OPEC producer seeks to boost its crude output capacity by about 27% to 4 million barrels of oil a day by 2020.
7:00 PM EST | December 22, 2009
WesternGeco Deploys UniQ Land Seismic System in Kuwait
WesternGeco has deployed the UniQ point-receiver land seismic acquisition and processing system in Kuwait for Kuwait Oil Company.
7:00 PM EST | December 01, 2009
Freedom Financial Holdings to Present Heavy Oil Tech to Kuwait Oil Co.
Freedom Energy International, the Company's wholly owned subsidiary dealing with Heavy-oil conversion technology, has been invited to conduct a live demonstration to members of the Kuwait Oil Company.
8:00 PM EST | August 17, 2009
Kuwait Oil Co Says No Upstream Projects Canceled
Kuwait Oil Co. has not canceled or postponed any upstream projects, and will invest as much as $6 billion in 2009 on E&P activities.
8:00 PM EST | June 01, 2009
Kuwait to Explore Gas Fields, Develop Resources with Foreign Firms
Kuwait will aggressively explore its gas fields and develop its gas resources in partnership with foreign oil companies despite opposition from parliamentarians that has stalled most of the country's oil projects.
7:00 PM EST | February 22, 2009
BP Has Cut Kuwait Staff On Slow-Moving Oil Plans
BP PLC (BP), Europe's second biggest oil company, has reduced the number of its employees in Kuwait amid slow-moving negotiations on becoming involved in the country's heavy oil fields.
8:00 PM EST | April 16, 2008
AMEC Awarded U.S.$319 Million Contract Extension in Kuwait
AMEC plc, the international engineering and project management company, has had a major project management consultancy services contract renewed by Kuwait Oil Company (KOC).
7:00 PM EST | January 13, 2008
Fluor Awarded Five-Year $334 Million Contract by Kuwait Oil Company
>"The contract is critical to support KOC's ongoing comprehensive program of major projects and is considered to be essential to the day-to-day business and future development of KOC's facilities," said Sami Al-Rushaid, Chairman, Kuwait Oil Company.
7:00 PM EST | January 06, 2008
BJ PPS Inks Multi-Million Pipeline Deal in Kuwait
BJ PPS has been awarded a multi-million dollar contract by Hyundai Heavy Industries to provide pipeline pre-commissioning services in Kuwait.
8:00 PM EST | October 28, 2007
WorleyParsons Gets US$300 Million Program Mgmt Contract
Kuwait Oil Company (KOC) has awarded WorleyParsons a 5 year $US 300m contract for the supply of Program Management services.
8:00 PM EST | October 16, 2007
Spectraseis' Land Contract Backlog Grows
Spectraseis AG has won contracts with a host of major oil and gas producers. The company also announced its eleventh patent filing and successful completion of a marine technology trial in the North Sea.
8:00 PM EST | June 20, 2007
Fire at Kuwait's Burgan Oil Field Under Control
Kuwait Oil Co., the state oil producer, has brought under control a fire that broke out at the country's giant Burgan oil field, state news agency Kuna reported Monday.
8:00 PM EST | May 06, 2007
High Arctic Wins Contract in Kuwaiti Desert
High Arctic Energy Services Trust has been awarded a much-anticipated five-year contract with Kuwait Oil Company (KOC), the country's national oil company, to provide services for workover operations.
8:00 PM EST | March 25, 2007
Petrofac Secures Groundbreaking $125 Million Kuwait Contract
Petrofac has secured a major maintenance contract with Kuwait Oil Company to deliver full maintenance services on the North and West areas in Kuwait.
7:00 PM EST | March 27, 2005