KUWAIT

KOC Signs $15mn Oilfield Maintenance Contract with British Firm

The Kuwait Oil Company (KOC) - a subsidiary of the state-owned Kuwait Petroleum Corporation (KPC) - has signed a $15mn four-year contract with the UK Aberdeen-based firm John Wood Group for the maintenance of Kuwait's oilfield equipment. The company will also provide 60 vehicles for the transport of equipment to 26 oil-gathering and booster stations throughout the country.