Middle East Economic Survey

VOL. XLVIII

No 2

10-January-2005

KUWAIT

Spains Tecnicas Reunidas Awaits Confirmation Of GC 28 Upgrade Contract

Spains Tecnicas Reunidas is waiting for confirmation from Kuwaits Central Tenders Committee that it has won a contract to upgrade and expand the countrys gathering center (GC) 28. Kuwait Oil Company (KOC) recommended that the contract be awarded to the Spanish firm after the latter offered the lowest bid of KD28mn ($96mn). Under the deal, crude handling at GC 28...