Middle East Economic Survey

VOL. XLVIII

No 22

30-May-2005

Kuwait

SK Engineering Wins Phase 2 Kuwait Oil Facilities Upgrade Contract

Kuwait Oil Company (KOC) on 23 May signed a $1.2bn contract with South Koreas SK Engineering & Construction covering the second phase of a program to upgrade oil and production facilities. The 25-month project covers the removal of underground oil and gas pipelines, and their relaying overground at 10 oil gathering centers (GCs 1, 2, 9, 10, 11, 16, 17, 19, 20 and...