Middle East Economic Survey

VOL. XLVIII

No 1

3-January-2005

KUWAIT

Technip Withdraws From Ahmadi Oil Exports Expansion Project Bid

Frances Technip-Coflexip has withdrawn from the bidding for the contract to expand Mina al-Ahmadis oil export capacity from 2.4mn b/d to 3mn b/d and build new storage facilities, according to a report in the daily al-Rai al-Am on 18 December. Kuwait Oil Company (KOC) originally invited 17 firms to bid for the project, and later shortlisted seven. Of these, four are...