VOL. XLVII

No 02

12-January-2004

KUWAIT

Six Firms To Bid For $800Mn KOC Modernization Program

Kuwait Oil Company (KOC) announced on 6 January that six firms had been shortlisted for a two-part modernization program costing an estimated $800mn. The six are Halliburton subsidiary Kellogg Brown & Root, Kvaerner Overseas, AMEC Group, Foster Wheeler, Fluor and Technip. The program is being split into two contracts because of the size of the projects involved. The first will involve unearthing all...